Jessica Martin
Please help me understand Cap rates
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
Bobbi Casalino
Using Cash-Out to Buy, Reno and Lend
Where I'm at today:
A) getting 1.2m cash-out of my 8 family in Brooklyn, at 5.75/ 30 year adjustable with $60k in closing costs (NYC Mtge tax is 2.8% so that's 33,400 right there). ** How's that sound? Are there be...
Eldar M.
First wholesale potential deal
Dear BP members,This is my third time "driving-for-dollars", writing down potential addresses, get the mail info and send "yellow-letters". On my last list I got two potential sellers. I should be back in LA area to c...
Isiah Ferguson
my plan moving forward...
Buy, Rehab, Rent, Refinance, & Repeat. ( BRRRR ) 1.Finances’ (CASH)The reason for doing this is the ability to be able to use the same funds, repeatedly. After each Refinance period, you will be able to get your ...
Jim Kalish
Meeting with the potential seller
Hi friends. I'm getting ready to start reaching out to owners of distressed homes. One of the questions in the BP calculator is how much profit I want to make. Then it dawned on me. When meeting with a potential s...
Alan Asriants
Considerations When Buying Older Multi-Family Properties
Introduction:
Investing in multi-family properties can be a lucrative venture, but it's essential to carefully evaluate the condition of the property before making a purchase. Older multi-family properties, in partic...
Shawn McCarty
PLEASE HELP!!! Newbie In Baltimore - How to Attract Investors - FLIPPING
Hello,
I am completely new to RE Investing... but have a strong analytical background (I am an accountant). I am meeting with a group of potential investors (I have some great single family deals in Pasadena,...
Michinori Kaneko
CapEx for multi-unit buildings
Hi All,
I've invested in several SFHs but i've been blessed with an opportunity to potentially buy a 60-unit residential building. Since this is the first time i'm investing in a building, i'm a little clueless as...
Neil Stern
Brooklyn NY - all advice is appreciated!
Hi, any advice would be much appreciated!!!I am looking at a multi family (3 unit) deal in East Flatbush, Brooklyn NY - Based on my research with brokers, I believe i can get the property to an NOI of 35k. 1- Based on...
Dan Gandee
PROS vs CONS of Mobile Home Park Ownership?
After purchasing multiple parks and managing them over the past few years here's my synopsis of the pros and cons of owning a park. What has been your experience?
Pros:
Steady Income: One of the biggest advantages ...