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Hello, I am wondering what type of calculations goes through your head about a property? Because in my experience I just see a cheap house and wonder what can I add and further down the line it doesn't work out well.S...
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Hi,I'm playing around with the rental calculator and have a question about the category "total cash needed" that is determined after the deal is analyzed. Is this the amount suggested by BP that is the down payment, c...
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I purchased a land lot lately and thought it was a residential land lot in Fultondale AL.
After ordering a title search, I found out that the lot was classified as "vacant commercial lot" on the title search report. ...
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What are some of the techniques you guys use to determine the value and/or monthly rent of a property ?
For example: I use the "Five Step Property Evaluation" technique from the book "The ABC's of Real Estate Investi...
Looking at a house that they are asking $69k for. It needs a lot of work, but, would be worth substantially more when finished. Nice old farmhouse on a few acres. Given the condition, I'm really not sure how much to o...
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Hey guys I am new to Real Estate Investing and I am currently using wholesaling as my number 1 strategy. I wanted to know what is the best way to go about finding contractors to get quotes for rehab work? I am new...
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My parents bought 2 condo/townhomes a few years ago. I didn't know this until now but they've already paid off the mortgages for both properties maybe 5 years ago. But they just said they are thinking about selling th...
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I understand various strategies in getting money upfront to do the BRRRR strategy. You could get private money, hard money or use your own. Then you refinance later once the rehab is done and tenant in place. My quest...
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Not sure if there is a solution to my issue.
My wife and I have a duplex and a triplex in a small town in Georgia. Tried to refinance 2 times but failed because there are NO multifamily comps within 100 miles.
Bot...
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Hi BP,
I have a question regarding property taxes. When calculating a BRRRR deal, I usually use the current year's property tax information as the annual tax amount. However, I'm wondering if the annual tax amount sh...