3 BR/2.5 BA condo. The cap rate and cash on cash return I am calculating is negative. Using a vacancy of 8.3%. My loan to value is 73%. I am being very conservative with my numbers (thinking of difficult scenarios)...
Hi there! I'm brand new to the BP forums but happy to be here. I am 25-years-old and looking for my first real estate deal so that I can get the ball rolling towards financial freedom. I would like my first deal to...
I'm trying to figure out if it makes sense to buy the following property. It's a 2 star motel in a midsize city in the Midwest with more than 100 rooms on over 2 acres of land. It's being sold at a sheriff's auction a...
A professional biography is a must nowadays to describe one’s career in an impressive way. Apart from the resume writing professional bio is also necessary. Professional biographies are needed in a variety of settings...
Hello all,I've purchased several properties in the past 18 to 24 months and I'm starting to really work on doing a better job of organization and calculating exact returns. I've been cautious to make sure I'm purchas...
What determines land value?
Is it simply what one is willing to pay? If a Wal-mart wants to develop on a few raw acres of commercially zoned land, does it make that land a lot more valuable?
When a value of a prop...
Hello I have a simple question- there was a property that went pending for $450 and came back in the market - so my offer price $415k @ 5%/30year fixed interest with 25% down, here the builder is giving 20k towards c...
Hi Everyone!I thought I would make another fun post. What is everyone's thoughts coming into the 2022 year here in Cincinnati? Do you still see extreme value compared to other parts of the nation? Increased/decreased ...
Hi all,I am currently working on a two family house in the riverdale part of the bronx, I went the route of converting the property to a 3 family house but am now wondering if it was worth it.Scenario 1:The house is a...
I have not made my 1st deal yet - that being the case I have a question about the wholesaling calculator (to sell to a renting investor) and the renting calculator.If I have never rented or flipped a rental how do I k...