Location: professionally managed condo high rise (50 floors). The HOA fee includes basic cable (amongst other things). The mgmt company hired and negotiated a cable provider to service the entire complex. Service is s...
Can I submit a verbal offer on REO's?
Hello fellow investors, does anyone have a template to share to make multiple offers on a property? I'm trying to send an offer where I want to make a low cash offer followed by a little higher seller finance offer. I...
Im analyzing my first MHP and the seller didnt include property management as an expense when calculating his NOI. Even if it will be self managed do should I still include management cost as part of the operating exp...
Hi Everyone,
Haven't posted on here in a bit. New to wholesaling. Still working on first deal.
This is for a townhouse:
Comps show 115-125k (6 months back w/in .5mile) ~120 conservative.
Tax value is 95k.
P...
Well, I've officially joined the ranks of stressed out landlords!
To make things as complicated as I possibly could, I purchased my first two properties at once. I feel lucky I survived the last couple of weeks. De...
Hi BP Florida Forum,I have a strange situation and I wanted to know what your thoughts were on it.I've signed up with an agent (let's call him Agent A) to look for an investment property in Jacksonville. After a few w...
Hello,I am in the process of putting together a good bank book. The guy from Memphis Invest did a great video on this subject. I did a mini-version of a bank book for a small local bank in AZ and it was well receive...
Hello, I have a situation where I've been renting to 3 roommates for 2 years on one lease. I increase rent $25/ mo each lease renewal year in order to keep the good tenants. This year one person is moving away, so t...
So i'm building/ refining my business plan. (please critque my plan) And the goal of it is cashflow. With that, i want something that will entice investors to take an equity stake and not a debt position. (i know you ...