Andrew Green
How trustworthy are cap rates
How do you verify if the owner has included all expenditures to calculate their cap rate? Considering a 16 unit for 560k with an 8.04 cap rate. Is this considered a good cap rate?
Antonio Bodley
Should I get home under contract anyway?
I saw a house I may be interested in wholesaling. The owner has relocated out of state. His home for sale is in my state. Although the home is vacant, the owner left all his stuff still in the house. I came by to look...
Quan Tran
Process of buying a house directly from seller
Guidance needed. What is the process of buying a house directly from a seller. Does the bank appoint an attorney for me or do I hire my own attorney? The seller is a real estate agent and had already sent me an off...
Michael Laniak
Credit collection addendum to lease agreement?
Hello everyone! This may be my first post. :-)I recently heard advice from a very experienced landlord/investor/agent in which he includes a "Credit collection agency" addendum with all his leases now which he belie...
Joe C.
House trashed so I did some work
Hello, My tenant trashed my rental. I took pictures. Finding help was a challenge so my BF and I did most of the work (ex, patching walls, painting the downstairs, cleaning and hauling away garbage). Can I charge him ...
Clayton P.
Excel/Numbers spreadsheet formulas for repairs
Hey all!
I have ballpark estimates I use for what certain repairs to a property will cost, i.e. :
1 New window w/ trim: $220
Bay Window: 220 x 3
Exterior Door: $250
Framed P...
Jonathan Aber
Notice for Security Deposit
My tenants lease ended July 31st at midnight. I sent notice on August 31 with the itemized list of damages, which was extensive. It exceeded their security deposit. I have proper notice and documentation. Philadelphia...
Michael Hunt
What do experienced investors see in this listing?
Curious as to how an experienced real estate investor would interpret the following listing:"Charming Triplex located in the heart of [AREA]. Very low maintenance Triplex with excellent long term tenant which have ea...
Maurice J Gibson
First attempt at using the deal analysis. Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.First time investor looking to invest in the Tampa, Florida area. I have a realtor sending me listings ...
Michael Brown
Potential First Flip!
Hi BP!I am currently looking at a potential house in Marlborough, MA for my first flip opportunity! It is a house built back in 1890!!!. My question is the following:Can you guys check out a FLIP Calculator Analysis I...