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Hello Everyone,I think we all know the value of bringing a mailman on board your bird dog team when hunting properties. What strategies do you employ to successfully bring your mailmen on board?Right now, I am using S...
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I own a single family residential property (4/3) in Las Vegas. I've owned the property since 2010 and owe a little less than $100k. I have a 30yr fixed rate mortgage with a 4.75% rate. The rent income covers all my c...
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Few days ago I passed the VA Real Estate Salesperson exam a few days ago and am looking for brokers to hitch my wagon with. I have had "meetings" with a few brokers and honestly am unable to decipher between all the f...
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Is anyone here actually using a self directed Roth IRA account for real estate flipping? I am sick of paying these outrageous short term capital gains taxes it really feels like 1 step forward and 1 step back. I looke...
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Can some experienced investors with apartment buildings help me clearly understand the financing aspect of purchasing an apartment building. I am looking to purchase a building with 10-30 units anywhere from $700,000-...
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How big of an apartment justifies and on-site manager?
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Hello,
I'm in the mist of buying a 2 unit multi family in CT (New Britain). The current market in this area is pretty hot due to low inventory levels. I plan on purchasing a property that will break even or produce ...
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I see some investors on BP really focus on initial cash flow and when running a business this makes total sense. As a business experiment, I recently rented out a car I bought ( $3500 all in ) with a service like airb...
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I have been given the opportunity to invest in a new RE brokerage. The people that want to start it are top notch, motivated, ethical, honest, and go getters. I don't think I could find someone I would trust more or h...
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Hi All,
Please help me determine if this deal is a work away or at least a decent one.
Purchase price: $255,000
Rehab: 0
Total Expenses: $21,657
Total Income with 10% Vacancy: $49,680
Seller will carry: $40,000 at 9%...