Li Tolentino
Need help analyzing this turnkey property
I am a new investor looking to buy my first out of state turnkey rental property in Memphis. Looking for any feedback on my analysis of this deal captured below? Is 4% cash ROI and $1000 annual cashflow decent for B+ ...
Aaron Brown
First deal! Help me out please! (Multifamily owner occupied)
Hello BP Community! This is my first post and first deal so I'm excited but also needing some advice!
This single-family home built around 1900 has been converted into a multi-family with four units. I am pla...
John Cha
Any good resources to calculate ARV and renovation estimates?
Hi, I'm fairly new in this wholesaling niche and would like some guidance for how to gauge for ARV and renovation estimates? Any general guidance for what to look for in viable wholesale properties would be greatly ap...
Allie J.
Small Mobile Home Park Analysis
Hi BP!New investor here, looking to get into my first multifamily. I am particularly interested in a small mobile home park. I have found one and thought I would ask if any of you have any input on these numbers. As I...
Reh N.
First time investing in NYC
— Now, I was wondering whether or not I should include the violations + fees on the building into account and construction costs when I get my hard money? Also, should I factor in the repayments for the money lend to ...
Ted Fall
Sellers concessions
I was really tight on the numbers and I just had to walk away from a full price offer on a flip I'm selling because the buyer wanted nearly 12% concessions on the deal. My agent tells me that 6% sellers concessions a...
Willis Seng
What is Appraisal?
Can someone explain to me what apprasial price mean? Sorry newb question. Appraisal Price and Market Price mean the same? Is it the price of the property including renovations and everything or is it the price of ...
Joseph Cohen
Thinking about purchasing my first rental property
Someone recently came to me with what seemed to be a nice deal. It’s a multi family with 3 units and 3 floors with a basement for the laundry etc. This property is located in Harrison NJ which is a growing neighborhoo...
James Syed
Reserve for a single family rental
Hi everyone,
How much should capital reserve be for a single family rental when analyzing a purchase price? The house is about 50 years old in OK condition, 3 Bed, 2 Bath approx. 1500 sq. ft. I thought $1000 ...
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Am I doing this right ?
Am I doing this right ?
I don't think this deal would be worth it ? Do you ? Am I missing anything here ? opinions welcome ...
Asking price $310,000
Bought 285,000 ( 8% less, 310,000 - 285,000 / 310,000 = 0.08% )
...