So I just picked a random building in my neighborhood and did my very first deal analysis using the tools provided. Please provide critique on what you think were too low. I didn't know how much insurance is on averag...
I'm in negotiations to purchase a duplex as an investment. Would it be better to finance the property for 15 yrs at 2.75% or for 30 yrs at 4.25%? The loan will be around 75K. I wouldn't normally consider the 15 yr, bu...
Thinking of giving my tenants a small Christmas gift this year and want to know your thoughts. More of a small "Thank You for your business" - thinking a $25 gift card for the local grocery store and a box of chocola...
I'm currently working with a realtor on a property that I'm planing on wholesaling and wanted to get opinions and advice on how I should proceed. I've done my research on how one can work with a realtor but since this...
I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants. Rent roll was ~$8K last month. They are looking to get $500K for the park. 16 of the 19 trailers are park ...
My Wife and I are in attorney review on our first home purchase that will be our primary residence that also is a duplex. I am trying to weigh all options with my mortgage lending and am currently between a local len...
Hi guys I just got into a property in the NYC area .2 family home, it was brought to my attention by a friend. And it's main selling point was buying into equity in a neighborhood that's about to explode.Main thing fo...
I'm purchasing a 40 unit apartment building (2 buildings of 20 units each). Each building has only one water meter. The current owner pays all water, which runs at $1500-2000/mo. RUBS for gas, all separately metere...
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
Hey all, and happy 4th of July! I am currently under contract for my first investment property. It is a 4-Unit on a double wide lot in Jefferson Park, that would be owner occupied by myself and my significant other. T...