I just put together this spreadsheet for using comps to estimate the value of a potential property.

Have you ever wasted time trying to play around with adjustment amounts to get your comps to all end up around the s...

Hey BP,So I received my first lead today from a very small probate mailing. I sent out 6 letters to estate executors and got one back already! That's a 17% response rate! Not bad so far...Anyways, I'm visiting the pro...

I've been interested in investing for a while now but I have also been a broke student for the past 3 years. Now I have graduated from law school, taken the bar exam, and realized that I don't want to work  9-5 for pa...

Hi Guys,By the way, I'd love to connect with everybody from my area, so add me if interested (Detroit Metro Michigan).So I read through the 8 chapters on the site, and have some questions, that probably have been answ...

Class "A" Multi-Tenant Hi-Rise; 249,081 S.F.; built in 1987; 100% Leased as of January 2015; 5 tenants occupy 82% of the space; current NOI: $2.77M; 2015 NOI is estimated at $3,075,441; price $31,000,000; cap rate 9.9...

Have you ever made an offer at 50% below asking or more?There are several properties that have been on the market for 6 months or more in my target market which are vacant.  Some of these sellers are probably getting ...

Good evening BP,I currently rent out and manage one property. My tenants are due to move out on May 1, 2016. They did their part of informing me with written notice (they are military and fell on orders to move) and w...

Does anyone already have a list of average prices for common rehab materials? I was going to make one from scratch so I could refer to it for first round quick and dirty deal analysis. I was thinking what a huge, time...

In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. And to be honest, I feel the need to generate a specific post on this, since ...

Hi All, I'm new to REI and hoping for a little clarification.Quick background - I'm looking at 10-25 unit apartment buildings. I found a 10 unit building with 2 retail offices on the first floor that has potential. Th...