Judy Wang
Is there any city can meet 1% rule now?
Hi BP community,I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% re...
Ndy Onyido
Re: Why I Don't Like Cheap Properties
Hi BP Nation,I have always had this argument with folks around me who believe that rent to value ratio is a better metric than ROI for analyzing investment properties. The price-to-rent ratio is the ratio of resident...
Forest Wu
Best Cities for 2024? Strategies?
Hi folks, hope that you're doing well. Kicking off a discussion to see if people have ideas of where to invest in 2024. Because of high interest rates (as well as soaring insurance premiums), I think cashflow is near ...
John Do
How to compete with cash buyers?
I have put in multiple offers for 4 unit properties using the VA home loan only to get beat out by cash buyers. On a property asking price of 325k, I offered 330k w/ escalation clause of 5k over highest bidder up to 3...
Account Closed
What Do You Think of This Kansas City Deal?
My contact in KC offered me this deal. What do you think? 10338 Sycamore, Kansas City, MOPrice: $74,500.00Rent (gross income): $950.00/per mo.Property Mgmt Fee: $95.00/per mo.Insurance Expense: $45.00/per mo.Taxes: $6...
Matt McLeod
Rookie crunching data for possible 1st buy
Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
Zach Bagby
Duplex or 4-plex? An analysis from a noob.
I currently pay 1350 in rent for a 1br 1ba in the South Denver area. I am looking for something to buy sometime next year, maybe sooner if the right opportunity came up. Mainly looking in the Littleton and Englewood a...
Gabe Callaway
Financing Multi-Family with DSCR Loans
Hello,
Long time listener, first time caller. (Love a good radio throwback)
I am curious what/how most people are financing multifamily deals? What is the "traditional" way of financing them? Are DSCR loans looked d...
Dennis Soto
What is considered collateral to a Hard Money Lender?
I am looking to get started on real estate investing but I lack the capital to get started. I currently "own" two properties (a rental property and a primary residence) which both have a mortgage with built-up equity....
David Rey
absentee landlords mailing?
I sent a bunch of postcards using realeflow in hopes getting someone willing to sell there property. The problem is no one is calling to sell there property instead I get calls from people saying they are cashbuyers. ...