Anthony Hill
1st deal, need some advice
Hello and thank you for reading this post.
My wife and I are about to make our first deal. However, I want to run it by a few people of the Real Estate world, to get your opinions.
We have found a 2 bed...
Brandi Williams
Please Analyze This Wholesale Deal
3 bedroom 2 bathroom split level single family home
Wood floors, carpet in bedrooms, Fenced in backyard with pool, corner lot in established neighborhood.
Repairs: Carpet cleaning, possible touch up paint, replace 5 ...
David McBrayer
Finding money at a good rate?
As a newer Real Estate Investor, I am finding it a little difficult to find some good lending sources at a good rate or fee. Without getting my credit banged over and over. I am sure part of it is me not being as ag...
Nic Cooper
New member from San Diego CA
Hello! I'm Nic and I live in San Diego CA, I've been in the Navy for 19 years. I have been a part-time landlord in SFR for the past 14 years here in San Diego and have self managed my properties most of the time. ...
Alon Rokach
How much is enough cash flow and what to offer?
Hi BP,
I am in the midst of potentially making an offer on my first property purchase, I was hoping someone could shed some light on a problem that I am having. Hoping to put in an offer on a 6 unit building and stru...
Leonid Sapronov
Analyzing an apartment complex without past income/expense data
If you were doing analysis on a 30-unit apartment complex and, in response to your request to see the last 2-3 years of income/expense statements, the owner said "well, I didn't do a very good job of keeping track of ...
Bobert M.
CAPEX - actual vs replacement
Rental properties:First, when figuring the Capital Expenditures for improvements, and their ages, is there a standard age range for certain things, such as 10 years for flooring, 20 years for windows, etc... or are yo...
Navin Kumar
Is 80% ratio between expenses and rent too high ?
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Blake Hrabal
Money for rehab included in loan?
If I want to buy a home that is let's say 180k but I know the home will need work done...do you get a loan for higher than the amount of the house or is all rehabbing out of pocket?
Matt Granzow
Duplex + Laundromat - What am I missing on this deal?
Looking to purchase our first investment property. Here's a link to the rental property calculator report. The rents and Laundromat (hands off operation) income are as listed from the MLS link.https://www.biggerpock...