Hi All,First time poster, long time reader. Just a little background on myself; I am 25 years old, currently own a couple of rentals in Worcester, MA. I went to college for Landscape Architecture but focused more-so o...
I am trying to run some numbers on different properties and I don't know if I am running these numbers correctly. For example this particular house costs 59900 and rents for 1000 in Cleveland, which is 1.6% of the pur...
Q: If the property is In pre-foreclosure is it a short sale?(Agent & Investor)
A: Not necessarily in order for a short sale, seller needs to owe more than the property is worth and HAVE A FINANCIAL HARDSHIP.
Q:D...
I was recently told by my financial advisor that retirement accounts are lawsuit proof, does the same apply for a self directed account that is invested in real estate, or will the type of investment open you up to li...
I am investigating putting in sub meters in a four unit building for water. I would be separating the water lines but still have only one meter. Does anyone have any experience with this? Is it worth outsourcing to a...
Hi everyone!I just got started with BP and am trying to practice analyzing deals when I find listings. I know these expenses definitely vary depending on specific situations, housing types, location etc, but would any...
Hello BP Family,How do you all determine numbers for a commercial mortgage when estimating if a property if worth purchasing? Below are numbers I have (50% rule), the main concern is how to get accurate estimates (tha...
Thinking of buying single family home around Chicago suburbs, is it right time to invest?
I live in Boston, and in most foreclosure "auction".. the bank representative shows up at the property and the auction process takes place. The crowd is tiny and it's adminstered/ran by the auctioning company (third p...
Do tax lien vary much from state to state? I'm in Md. 18% or foreclosure