My husband and I are just getting our toes wet but we determined to find our way to financial freedom. We would like to invest in multifamily units and there are a few locations we are interested in that have multifa...
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Hello Investors-When you are analyzing a deal, do you use the 1% rule? If so, do you add the other costs into that rent amount?For example, if I purchase house for $150k, the 1% rule would be to have the rent at $1,50...
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We held our second open house yesterday. Now I have a delima to solve.
I HAVE TWO OFFERS!!!!! Both require about the same in seller's assistance.
Both are good with one being a full price offer and 3% assistance. The ...
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I saw a 4 unit 2/1 each unit building for sale for 300k in Baltimore, MD. I went back and forth with the seller and finally gave me a asking price at 300k. Obviously that's to high for the area but what would you offe...
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Hi everyone, I am wondering how would I find out the vacancy rate for a specific area? Also how would I determine comps if there are no comps from this same area. I am having a difficult time analyzing this deal due ...
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I am writing this for new and experienced investors on Long Island, NY. We noted over time that many investors simply have trouble valuing a deal. Getting accurate comps from realtors is difficult and most contractors...
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Hello BP Community,This question is for the savvy REI's out there. When determining what is a great investment, what is the best way to go about it?here is an example of a property for sale in my area:Duplex809 N Hobs...
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When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...
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Hi everyone. Ben Barredo here from Knoxville, TN, a fired-up real estate newbie that is grinding and fighting to make things happen. I have a question...well, a two part question. I've listened to a lot of podcasts, r...
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When looking for a good deal how to determine the amount of money to put into rehabbing and how do I calculate the after repair value before purchasing the property?