When I am evaulating a potental investment, I put it through a series of "stress tests" (to borrow a banking term) to see if it will perform.
What worst-case sceanrios do you look at?
I look at:
-Long Term Vacancy...
I have just started in the real estate investing business as a wholesaler and my question is, how do you talk to a potential seller without making it obvious that I am new to the business and inexperienced, thus scari...
Hello BP, I'm looking at getting a piece of land under contract and I'm working on figuring out what it will cost to get utilities and etc to where the house (SFR) will be built. I have costs for water and gas (if i e...
I currently live in a college town that was hit pretty hard by speculation and foreclosures. The property I am looking at sold for $125-140k back in '07. The complex is around six years old and in good condition. ...
Hello everyone, I just offered on my first deal. Here are the details: tell me what you think. 3 bed2.5 bath 1500 Sq ft. Hoa $275/MO Tennant occupied for $1500/MOAsking price 150K Offered 130K Pompano beach florida Mo...
Hi everyone,I'm considering making an offer on my first property. I'd love to get the advice and wisdom of the BP community on this deal. What have I missed??The property is a 4-plex in a nice family/community oriente...
Does anyone have enough experience in Real Estate investing to know the potential impacts of war on the market? Being Active Duty I know that we are aggressively increasing our troops which is a high indicator of “pla...
I am looking at a property that I feel I can buy at a significant discount, but it may be for good reason . . . In the disclosure, the line that reads "Substances, materials or products which may be environmental ...
All,Here are the details:My friend has an empty house. She moved out two years ago, leaving her significant other in the property. The roof leaked and was not addressed over that time, leaving a mess of some of the in...
I just came across what could be a good wholesale deal in that I have a very motivated seller and the begininng of some good numbers.
3 BR 1 BA 1,200 Sqft
Estimated ARV: $100,000
Repairs Est: $15,000
Asking: $70,000
...