My realtor called into question my calculation when I stated that the CAP rate is low on a specific property she was showing. I had included rehab & closing costs. I have heard in podcasts about targeting 10% CAP ...
What are typical response rates for a direct mail campaign from an investor or homebuyer to potential sellers? What kinds of target groups give the highest response rates? Does direct mail from buyers / investors wo...
How many of you keep an operating budget for your rentals? As crazy as it sounds, I just realized I don’t often consciously budget future expenses. I often do look backs to see what my actual expenses are and keep in ...
Hello all! I have tried finding post regarding this question but couldn't really find what I'm looking for. I'm new to STR's and was wondering, from a big picture view : How do you run the numbers on a potential STR? ...
Hello BP nation! I haven't posted in a while so I want to ask this out of curiosity. How much should you (as an investor) aim to raise the value of a home vs the amount spent on rehab? Ex. If an investor buys a dis...
I'm looking for some resources to help me determine the compensation to investors in a syndicate. Attached is an example of what I found from someone else. Since I'm looking for my first deal, I would be contacting pe...
I am getting started wholesaling and so far one of my biggest challenges has been getting good contact numbers. I have tried propwire for skip tracing because I was trying it for lists. It seems like a bunch of people...
I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, an...
So what is everybody's opinion on being more proactive with your property and having scheduled services done throughout the year. Which ones would you do?EXAMPLESFall & Spring Landscape Target Date: March/April an...
You recently submitted an offer on a house, but you haven’t heard back from the seller. Now what? As an eager rookie investor, the waiting game can be painful. You may already have an eye on other properties but need ...