Account Closed
What Is the 70% Rule in House Flipping?
The 70% rule in real estate can be helpful when comparing properties and making a final determination on which one is the best investment. Understanding the ins and outs of this rule is imperative to using it to your ...
Robin Joy Zook
Apartment Calculations and determining fair market value
When looking at purchasing multifamily, do you do the one percent rule on the current rents or potential rents?
Andre Oakley
I would make a good case study.
Warning this is going to be long!
I'm going to try to make this short and to the point. I've always been a positive thinker. I believe in the possibilities of life and only death is final (depending who you talk too)...
Tom Del
Appraisal came in way under for FHA buyers
I am selling my house for $299,000 as a FSBO and the buyers are pre-approved for an FHA loan. However their appraisal just came back for $266,000 which I believe is incredibly low for the home, the neighborhood, the m...
Jared Foster
Proforma Future Property Value, Cap Rate or Appreciation
Curious how people model future property values for multi-family investments. Seems that there are two approaches.
1. Based on Appreciation
2. Based on Rental Income
I generally struggle with Cap Rates and w...
Swapna Nair
Recommendations for Online lender who can do more than 4 mortgages
Looking for recommendations of online lenders who can do more than 4 mortgages. I researched BP and mostly everyone was recommending local banks and credit unions but since I have properties in multiple states, though...
Brian Mitchell
Starting a Property Management Company Alone or With Someone Else
Hello BP,
I am looking to start my own PM firm here in Maine. I have secured a handyman that has expressed interest. He's capable, trustworthy, on time, and presents himself quite well. I have had a hard time fi...
Zac Bowden
Rental Comp Determining Factors
Hey y'all,
I'm new to this real estate game and new to posting on BP. I am wondering if anyone considers square footage or a property's age when determining rental prices. For instance, would an older or smaller home...
Dave Friedman
Pay cash? Use home equity loan?
Hi, all. I'm brand-new to this whole thing, and am about to buy a pair of properties that will require a total of $15K work done.Property A needs a new roof and some other work. Probably to the tune of $10K. This work...
James Carlson
Denver cracking down on basement/ADU STR rentals
Through my contacts in the Airbnb world here in Denver, I'm hearing a lot of complaints about the city cracking down on basement unit and carriage house short-term rentals. I've heard of three distinct scenarios:-- So...