Account Closed
Current SFR deal analysis
Price=300k
Down=20%
Interest rate= 3%
30 yr fixed
P&I=$1012
Tax per month=$291
Insurance per month=$67
Total per month=$1370
The home is 4 bed/2.5bath 1800 sf
Built in 2005 so very low maintenance. Very rent...
Niraj S.
Need help analyzing a seller financing deal
I have a 3 bed/2 bath home offered at 290K purchase price. Estimated rehabs will be around 20K. ARV is 320K. Seller is willing to finance the deal for 0% interest for the first 5 years and then market interest rate on...
Cameron Riley
Okay guys; let’s hear it; Share your CRAZY TENANT STORIES!!!
1. What Trouble did they case you? Tell the story! Be honest. Some of us will use this information to better ourselves as landlords!!!! 2. How did you resolve the issue, if it was ever resolved?
Justin Wright
Military Investing Strategy and Hub and Spoke LLCs Questions
Hello All!
I am new to the real estate investing game and I just bought my first SFH. I have been in the military for 15 years and was slow to realize the opportunity losses I was taking every month by paying rent a...
Sawyer Smith
Scariest objects found in a property.
This past week when checking on something in the attic of one of our active rehabs, our handyman gave us a call explaining how he had found some pretty disturbing items. When he had been in there a month prior, the pl...
Mayank S.
Indy little flower - Deal analysis
I am running some numbers on potential property 3/1 on N Grant Ave little flower near Brookside park. Here is what I have: PP: $29,900 (wholesale)Rehab: ~10k approx. Rental grade cosmetic rehab- paint, carpet to go, h...
Matt Ruttenberg
Strategies to furnish STR / vacation rentals?
Any strategies out there to fund the furnishing of a STR?I know consignment stores and garage sales are a way to keep it low cost, but any funding strategies if you’re trying to furnish a higher end property?Adds up q...
Joseph Torres
Indianapolis. Recommendations for first investment? (SFR vs Dplx)
Hello,My name is Joseph and I am a relatively new RE investor, I am enjoying reading BP forums and I intend to contribute also. I started my journey as a RE investor in 2017 with 2 SFR in Houston and 2 SFR in KC in 20...
Matthew Horn
The art and science of asking questions is the source of all knowledge. (First potential deal)
Hello BP family,I hope that you all are well. I recently found a potential deal and i wanted to get some opinions and advice about moving forward. My goal is to get the house at a great price, make the necessary impro...
Matthew Schroeder
Indianapolis - $1Bn Methodist Plan Could Spur Neighborhood Rebirth
Dear BP Indianapolis Real Estate Community,I would be interested to hear if anyone has a view/opinion (pro or con) on this week's article in the Indianapolis Business Journal (see below), which asserts that the neighb...