Meeting landlord today to sign new lease. I'm considering offering to buy this retail property instead of rent. She said we would consider owner carry, but that she did not want to sell yet, sounded 5 or 10 years out...
Today I visited my first rehab prospect. I took my pad and paper, flashlight and a tape measure. What other tools do you take with you? I thought a ladder may be useful, but might be overkill. The only thing I had a h...
I have four questions.
#1. Looking at a local hard money lenders terms, I need to understand what the following terms mean:
a. LTV: up to 70%
b. Repair draws: 70%
...
I'm developing repeatable processes for house flipping and was wondering if there is a quick way to estimate roof area.
I think I've heard that the size of the roof can be estimated by doubling the 1st story sqft of...
I’ve heard of hair dressers with hundreds of units in their portfolio. Obviously their business income will not cover The cost of all these mortgages.When will banks start approving you for more than what your job sal...
Hey BP´s!! I wanted to hear from everyone what your choice metrics you use to calculate and determine a great real estate investment (Particularly 4 + Unit MF) CAP rate, ROI, IRR, Rent/Price Ratio, Cash on Cash Return...
Hi,
This is my first forum post on the history of the internet, but excited that its here at the start of real estate journey.
I wanted to begin my career using the BRRRR method, because I fortunately have access to...
So I found a 4 plex that's for sale of market it is a bit of a puzzle. I'm trying to figure out what it's worth. It's in a stable area, tried to get comps pulled but no other 4 plex's in the area have sold on market s...
I'm having a hard time figuring out how people generate double-digit cash-on-cash returns with commercial properties. Can someone explain if my math below is correct?Let's say there's a commercial property selling fo...
Hello everyone! So I am trying to do my first Luxury real estate project and it is in Los Angeles area. It is a single-family residential luxury home that is a total of 7800 sqft, which 5500 is living space and 1300 i...