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Hi everyone!I'm currently looking for my first fix and flip property in St. Louis, MO. There are so many deals but I am struggling with calculating my profits using the BP calculator. I used the 70% rule formula, but ...
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I always believed that when opportunity meets preparation, you'll find success. Just read this article that sounds like doom and gloom to everyone else where as it time to strap up and have fun. CNBC: Housing is prov...
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I recently received a call from a motivated seller. They are trying to avoid foreclosure on a home they no longer live in. The most recent comps are 135-150K, they owe 112k and by the sound of the phone conversation i...
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Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that tr...
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If one were to use the CAP RATE method for calculating the value of a commercial property, if all the leases are triple net rather than gross, would you simply divide the gross operating income by the CAP RATE? Am I ...
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Hi guys!
I'm a little new to the game, and just trying to figure out the ins and outs of the process before fully committing myself.
I just wanna know exactly how one goes about getting paid for a short sale. I've...
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Hey Everyone! In the process of buying my first house & trying to make a house hack work in the Boston area.My question is pretty simple -- when I run analysis through the BP Calculator and I enter the Interest Ra...
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Without the MLS, what would be the quickest and most efficient way to determine the ARV on a property. If you are unable to see what houses have recently sold and for how much, what is another way round this? I have s...
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I own a condo in BC but live in the US. I had issues with renting out the place earlier, and the current rent doesn't cover even the mortgage interest, let alone other expenses like property tax, insurance etc. The cu...
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Hi all -I'm evaluating a short sale with the intention to BRRRR it. I'm currently "house hacking" a 4-plex. This would be my first short sale and BRRRR. I could use some help checking my numbers / plan...Property deta...