Hey BP, I am looking at investing in a rental unit but I am hung up on how to calculate the CoCROI. I won't need to do a down payment because I will be using a loan from the VA. So, zero down is required. I'll also be...
Hi BP family,
I'm getting properties both on and off market, and many of them rentals. I know how to calculate for flips, but what ROI do buyers look for on buy and holds rentals? What cap rate, C.O.C., etc? When ca...
Hi BP Community,I am in the process of researching markets to purchase my first rental property and I thought I would ask if anyone had any suggestions, recommendations or tips. I currently reside in Northern NJ, rig...
Scenario: Structured a seller finance deal, Terms: $10,000 down, purchase price 32,000, 3 year balloon payment, 6% interest. I spent $21,000 in rehab, home has been appraised for $114,000. Although, I have someone w...
My dad has around 33 units in a certain location here where we live in Ky. He has only raised the rate by $25 in the 25 years that he has had them. They seem to always stay rented with no problems at all due to the pr...
Im looking at purchasing a 1200sf 3/1 house that's dated, old appliances, cabinets, bathroom, etc. Roof and HVAC have been replaced. For rental its okay as-is, for resale it would need rehabbing for top dollar. My opt...
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I am currently exploring an investment strategy of acquiring a single family home for the dedicated purpose of converting to a daycare center. For consideration, I think I would be able to find a modest ~800-1,200 sq...
I'm looking to purchase my first duplex. Remodeled single story duplex in established residential neighborhood. For sale by owner. No immediate capex or repairs needed. I would manage it myself. Asking Price 475K E...
While I'm not new to RE investing, I haven't done anything in a while and I'm ready to go. My wife and I bought our 1st property(a 2 family) in 1998 and have rented it since that time never living in it. We cashed out...