I've just started shopping around and running the numbers on multi family properties for sale around me. When I calculate cash flows the numbers I get are all over the place for very similar properties in the same are...
Hi Everyone about to start my investing journey and here's where I stand: Bought a single family home for 189000 in 2016. (179500 @ 3.75%) - Worst house in a great Raleigh neighborhood. Currently appraised at 325 to 3...
2 Unit Property in area listed at 175k and just fell out of escrow after someone placed an offer above everyone else. I had an offer of 180k on it and they want to know if that's my best offer. Would you offer more or...
Hey guys, I was wondering am I wasting my time driving for dollars in "bad" neighborhoods, or neighborhoods with multiple boarded up houses on one street? If so, where should I be focusing my attention? I ask because ...
Of all my acquaintances most of people are looking into buying a rental property.
These are same people that were laughing from the idea of owning investment real estate. 30 (+/-5) years old group with stable income. ...
Hello Everyone,2 Questions: Cap rates I live in Bradenton,Sarasota fl I have looked at a number of propertys a few in very good locations and cash flowing Problem I'm haveing is
these propertys are capping out at anyw...
Searching for my first rental property and don't want to offer too much. Any suggestions/advice is much appreciated. Thanks! There is an 8-unit brick building built in 1967 in a decent location near the high schoo...
I understand the concept behind purchasing homes for investment purposes, ie the 70% rule etc.
When the goal is profit the margins need to be a certain amount to ensure that profit, I get all that.
However, when it ...
Help!Good afternoon BP Community! I stumbled about the site and it appears to be a wealth of information and I am excited to bounce around questions in hopes that I will get some help. I'm currently working for a real...
I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...