Hello! I love in the suburbs of Chicago and go to a university nearby. I still live at home as of right now. I have been working in a local bank for the past 3 or so years in the commercial lending department to get a...
When evaluating a multi where the existing tenants' rents are way below market, so I use them to run the numbers it should I use market rents?
(I'm using an app called deal check for my calculations so I apologise if...
This thread is going to be an account of a real estate rookie looking to find, fund and rehab a residential property in the MD/DC/VA area. In this case, my first property is likely to be one that's been referred to m...
Hi BP community!I am getting ready to, hopefully), buy my first commercial sized apartment building this year. In preparation, I will be practicing my underwriting skills on a closed multi deal in my target area every...
Hey Everyone, So I found this property on the MLS, literally on Zillow, and contacted the listing agent. Let me just reiterate now --- as the title states "my first flip"... so if you're also new, please take heed to ...
I'm interested in learning what technology tools you use to accelerate your business.Post URLs, software and mobile apps.Ken
I have a deal that I have analyzed with a 9.55 cap rate. All the properties within this portfolio are rented. I am just starting back up and need to know if I should proceed or "due" more diligence. I am going to s...
I have been running deals for practice. In running an STR deal, I found a huge return. I am analyzing the deals based on monthly cost and using AirDNA to determine a recommended daily rental rate. Similarly, AirDNA cl...
It gets worse. My Gmac mortgage was sold to Ocwen a few months ago. I just got off the phone with them...and the Indian guy tells me as of January 2014 my mortgage will go up $200 due to my escrow being negative......
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I'm doing the 90 day real estate challenge. I found a potential investment property and I would like help with the analysis. The asking price is 90,000. I estimated the property needs ab...