Sam Cannata
1031 Exchange Extensions
A situation arose with a 1031 exchange I am in the middle of in Denver, CO. Here is the timeline. 1031 started Jan. 2nd. Identified a property and closed Feb 26th. Gave the existing tenant 29 days to vacate the proper...
Craig Carmichael
property report cards
Can somebody please help me understand these! On the summary of improvements what is the grade and condition and how do they determine this? Also were do I find property taxes?
Adam Allard
Why is CapEx not a part of operating expenses?
I'm reading an article, Top 21 Real Estate Investing Terms and Returns with Formulas, on some basic terminology. The author goes over what operating expenses are and lists examples, and everything seems normal expect ...
Eric John
Is 50% Rule too Conservative for SFH?
Looking at next property purchase. I'm looking at methods of analysis. 50% rule specifically. It seems a bit over conservative for SFH. I could certainly understand it to be useful for multi-family. I rented my house ...
Jasmine Joseph
Newbie Update Cobb County, Ga
Alright, y’all! Newbie Update! I have finally reached “Onederland”; that is, my first 100 analyzed deals! I did all of them by Driving 4 Dollars, so I can get up and personal with the search. I’m so excited and feel s...
Ryan Kirk
Stricter Mortgage Rules in Canada - good for Investors!
It's getting harder to buy a home in Canada, which is great for investors! Canada Mortgage and Housing Corporation (CMHC) insures mortgages with less than a 20% downpayment, and they are tightening up the qualifying ...
Amr Tammam
Brrrring in Montreal
Hi BP members Who in Montreal is Brrrring?And can gives us an insight of the experience and knowledge in that particular cityCan you apply the 1% rule in Montreal with long term?Or your best option is short term?What ...
Brett Van Leeuwen
First Deal Analysis
Searching my area for the right multi family investment has seemed impossible with the numbers I've been finding, until now... maybe.
Found a triplex built in 1895 selling for 330,000. The main building is a...
Paul Cijunelis
GRM for multi-unit
I know the 2% rule slides depending on the cost of the building...I'm looking at a 4 unit bldg now and trying to figure out a good way to evaluate these properties never having done a multi unit.
the GRM is an 8 and ...
Scott Kronzek
Looking to buy my first rental
I'm looking in Baltimore for my first rental property. Can you seasoned guys look at this and tell me your general thoughts?https://www.redfin.com/MD/Baltimore/1524-Byrd-St-2...I think it rents for somewhere around 22...