Hey everyone, I got my first multi-family deal by called calling the owner and need some tips on how to negotiate the deal. The owner is currently asking $1000000($83333 per unit) for 12 units brick apartment in a rur...
Just started analyzing deals on the BP calculator. When it comes to % on expenses such as vacancy rates, Capital exp, repairs/maintenance etc....should I always run high % for worst case in order to be safe? The range...
My question pertains to how to avoid being ripped off by contractors. I had an experience recently where I asked for a bid on a project and it seemed pretty high. When I asked them for another bid with a couple of thi...
We all know that many want to buy off market deals.. and some of the more aggressive folks have started to chase down public records then in combination or without direct mail they will start telemarketing for off mar...
OK, so here's the rest of the story. It's true, very true, that any good deal that hits the MLS and is priced right - that deal will get a lot of competition and will be sold quickly, often for a price that I am u...
Need help getting first deal in Pittsburgh area I’ve drove for dollars I have PropStream but just can’t get that first deal
Good morning everyone,Looking for some critiques and pointers on a deal I was looking at. A couple things I am aware of:Insurance is low, I haven't been able to get a broker to help adjust a more accurate cost.The pur...
Hey Everyone,I'm just starting to analyze deals and have never bought a property before so this is brand new to me. How specific do I need to be when I am estimating expenses for deal analysis? For example, do you guy...
I am in the hunt for some good cash flowing deals in the Alabama Birmingham/ surrounding market. I recently closed on a mfh in a complete different market about 3 months ago. I am now looking for either duplex or ...
Hello PB community!Does anyone have any experience using data to identify deal opportunities? Ideally, want I would like to do is download all the houses for sale in a particular zip code and then sort based on home s...