Good morning. First post here concerning STR's. I've been following for a while and this board seems like a great resource.A few questions concerning my STR analysis for a unit I'm looking to purchase.Details - 1. N...
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Does anyone have any good references on how to evaluate a credit score? I always run a score with an application and typically my criteria is 620 because that is usually the cutoff for a lender to offer a mortgage. ...
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Good morning,I'm pursuing an investment property in Cambridge, MD. During a viewing of the property I discovered the remains of a previous house fire in the attic . There is evidence (new beams, etc) of a rehab of the...
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Hello friends!First time park investor here, I've seen a number of properties that have substantial RTO lots, many of which were recently renovated & signed by tenants. Many of these contracts are for 10+ years be...
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I purchased a property about three months ago as a flx-and-flip, and I have about three months remaining on the project. It's a full gut and rehab. My long-term goal is to buy and hold rentals. However, I know the inf...
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Hi all,Long time reader, first time poster. In keeping with my 2020 goal of actually starting (rather than fantasizing about) getting into real estate investing, I’m investigating a storage unit facility for sale. I h...
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Hello, just wanted to get some help evaluating a potential commercial project.24,000 square foot building with 20,000 warehouse space and 4,000 of office space. Building is concrete tilt up and is in very nice shape...
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Hello BP Community - I am looking to do my first flip. I am looking in the Arlington, Texas area which as of late is difficult to find a good deal in, which if you are in Dallas / Fort Worth or TX you probably know. ...
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I will start by saying this is my first deal on a multi-family unit. So please excuse some of the ignorance in regards to how to evaluate this. I did search and know how to evaluate it based on financials, but still...
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What are your thoughts on this deal?
It's got 4 1br/1ba units. Comparable rents in the area are $350-390, some including partial utilities.
Asking price is $29k and it needs "about" $25k in repairs, which can be ...