I am looking at this listing in Bakersfield, C class, 16 units, total monthly rent of $10K, asking $1.2M, claiming 7.75% cap... Now, if I apply the 50% rule, I get $5K net rent, which goes towards paying the mortgage,...
If you hadn’t read my bio, I’m Evan from Louisville, Kentucky and I am 19 years old pursuing a degree in accounting. I am looking to use that knowledge to become a real estate accountant. I’m here to ask: What can I d...
I have an offer accepted on my first deal and am using a private investor to fund it. I am having a really hard time finding out how to get a contract written up with the loan terms and everything. I called a real est...
Hey GuysSo I've Got A question. What counties in California are good for wholesaling in 2016? I've been doing a lot of marketing in the san luis Obispo and santa Barbara county, but no one is motivated. Most just cal...
What's the most creative (On Paper) Deal you've done? Ever do anything with options on houses? Or IRA investing? What are the best tax strategies you've done? Etc... Really curious about the options used. I've got a ...
Dear all,
I have been stuck on my 1st investment property for a while. I have been working with my realtor to source SFH for several months. Either the properties I am satisfied with went too fast or my realtor recom...
Good morning,Still a newbie but I've found a four in my area that is "For Sale By Owner" that my initial underwriting, from the info I can find, shows it to be a property that would fit my CoC and CF criteria. I'm not...
I have never invested in STRs. I could use any and all advice:
1. How does one acquire the necessary information in determining average monthly income?
2. The properties I am interested in seems to run like a times...
Hello, BP! I have realtors in California, Utah, and Arizona and am actively seeking my first property to fix and flip or--even better-- BRRRR. While they are sending me automated MLS listings (except for my CA realtor...
Howdy BP,I am a real estate investor in Houston Texas and started full-time investing in 2013. I started a wholesaling and flipping company that has closed nearly 500 deals. I sold that company in September '18 and ...