Mike C.
Filtering by Building Condition (BLDGCOND) in Tax Record Data
I'm trying to filter down a list of tax record-based data (currently for properties in Snohomish County, WA) for a direct mail marketing campaign, targeting absentee owners with motivation and no mortgage.One field in...
Jay Miller
Lead Certification in Detroit
Landlord certification and lead testing costs have become a major issues for landlords in Detroit. This is great for buyers as it is beginning to weed out poorly capitalized owners. However, it is also proving to ...
Justin Trudell
First timer running the numbers
I'm a first time investor running the numbers on a triplex in central MA. 200k purchase price, 20% down payment and 5% mortgage. 3 units all rented at 1000 per month with assumed vacancy rate of 25%. Turnkey propert...
Kunal Lakhwani
Deal analysis on a turnkey property in Indianapolis IN
Purchase price: $152,00020% down: $30,400Closing costs: $2500Monthly rent: $1295Monthly cash flow: $250 (after mortgage payment, property taxes, insurance, 5% vacancy, 5% repairs and maintenance, 5% capEx)Looks like a...
Katlynn Teague
Feb Market Trends and Outlook
Good morning BP,
Okay Flippers, what trends are we seeing in your markets right now?I am based in Atlanta, GA and we are back to bidding wars!Average DOM as of last month is 41 days with a median sales price of $415k.
Patrick Philip
What statistics affect the inventory of distressed properties?
Common real estate statistics like median home price, Average Days on Market, annual change in home value, # sales, # listings, etc.Which statistics can provide clues to how much inventory of distressed (off-market) d...
Jordan Hamilton
Is the price right? (first fourplex offer)
I am trying to get into my first deal which happens to be a fourplex in Miami Florida (neighborhood of Allapattah). My strategy is to use FHA financing to allow me to put down 3.5% to basically get me in the game, liv...
Sri L.
No vacant units in tri-plex
Hi there,
I am a new BP member, 29yrs old, female and I am in the process of buying my first rental property/home. I am planning to use the FHA loans and therefore need to live in the multi family. Below ar...
Andy More
Flipping Annual ROI
For all you experienced flippers out there, what kind of average annual return on your money can you get by flipping rental property? I've read supposedly experienced people on this an others sites say that can they c...
Lina Bibikov
Would you buy this buy and hold?
Hello! We just put a new construction house on the market. I’m thinking of sending the listing to some buy and hold investors also. Before I send anyone anything I would want to know if a buy and hold investor would b...