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How do I price out a mobile home park? I know that NOI/Cap rate= property price, but I don't know what cap rate to use. Do I use a 10 cap, do I use an 8 cap, do I use a 13 cap? I appreciate the help! Thank you.
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Hey all, just wanted to say hello and thank you to everyone that contributes to this great page. I’m totally new to real estate investing but looking forward to learning a lot here. My wife and I have thought about in...
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Hello fellow wholesalers,As a rental property owner, I decided to venture into the mystical world of wholesaling. I wanted to spend about $3500 initially, track my progress, and see what I would come up with. Will sen...
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I have two potential tenants currently and am weighing my options. Both report a good income well over >3x monthly rent, but both have criminal background history and low credit score (upper 500s). How should i we...
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If you’re well versed in seller financing please chime in. How would you structure the deal given this info? If more info is needed please let me know. Wraparound mortgage or all-inclusive trust deed (AITD)Property is...
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Hello fellow BP'rs!I have been trying to find concrete info on laws...but it seems to be a grey area? I acquired a new unit and I'm now looking at a 1031 exchange of a portfolio (5 units, commercial financing) into s...
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You MUST HAVE ALL these professionals on you "POWER TEAM" to Begin Real Estate Investing: 1. Real Estate Agent 2. Home Inspector 3. Mortgage Broker 5. Attorney 6. Accountant 7.Contractor 8. A...
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Good afternoon everyone,This is my first post here. I’ve recently become a landlord and everything so far has been relatively smooth sailing. I live in one unit of the duplex while my tenant lives in the other. They r...
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Hello Bp!
Bit of a long winded question, but I am looking to refinance a duplex I purchased in December 2020 as a house hack with an FHA loan located in Columbus, OH. I have rehabbed one side and have a tenant on th...
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Hey, so I'm getting back into REI. I never did this right before. Lots of shooting from the hip. I want to do this right, finally.Now I have a small amount of cash in a Roth IRA. Enough for a downpayment on a small mu...