Mike Schorah
How does this deal sound?
I have a potential seller who has a tenant that needs to be evicted. The property would be purchased sight unseen without pictures.
ARV: $280K
Would be looking to sell the contract for $140K
Not sure if I could sh...
Nick B.
Underwriting apartment expenses - small properties vs. big ones
Hello BP!Are expenses per unit significantly different in small apartments (10-50 units) versus large ones (100+ units)?I came across a couple of listings for small apartments (16 and 36 units), where stated actual ex...
Ryan Billingsley
Rental with a in the ground pool?
I had a lead come in today regarding a 3/2 1500 sqft home. I will be going to walk the property in the next few days, waiting on the owner to schedule a time with the current occupants. The property has an in the gr...
Simon Li
Setting up a Partnership Agreement - Fair clause for buy-out?
BackgroundMy Real Estate Partner and I are looking to set up a partnership agreement for our first ever Real Estate investments. Biggest advice we've received is to have a fair Dissolution of Partnership / Partner Buy...
Peter Burnside
Rent price relative to owning?
Is there a logic to pricing rent relative to the cost of paying a mortgage on the property if someone were to buy it at today's rates?Ex. my current properties rent for about 112% of what someone would pay in a mortga...
Rao Mu
Is this joint venture with a developer good deal in connecticut?
I got in touch with a developer who is looking for someone to put equity into his project. Here is his proforma, - No. of units are 44 (75% 1 bed, 25% 2 bed)- site acquisition costs are 1800000- Construction costs are...
Anh Le
Why depreciation is an advantage?
I'm new to the game and confused about the depreciation if someone could help me understand it better.
I have watched so many videos and google everyone says depreciation is a big advantage.
here is what I confused ...
Enoch Li
Personal finance question
If I don't yet own a personal residence, would you seasoned investors recommend I get one first or get invest then purchase a residence once enough money has been saved?
Eugenia K.
Converting grandfathered duplex to SFH to add ADUs
There appear to be a handful of grandfathered duplexes with non-conforming AADUs on the market! I was wondering if people had experience with and/or perspectives on legalizing the 3rd unit by converting the duplex to ...
Shoshawna Merten
Rehab Cost
HI,I am looking for someone to give me a price per square foot for rehab cost is Pierce county, WA. I have found several auction properties and am unable to view the inside. Any help is greatly appreciated.