Hello everyone, I'm new to REI and I'm worried I might have made my first mistake!We are looking to purchase a rental property and were looking into financing options. We have found some potential properties but wante...
What is the cost to build in memphis on average. I want to make an offer on a 2 packages of vacant lots looking like 10-20 builds. If I'm getting the lot for 25-35k am I listing @ 225-250. What are the hard cost(sewer...
Hello everyone,I was wondering if anyone can help me figure out what I would pay in capital gains on a multifamily property that I owner occupy. I am just wanting to explore all options if I sell and one of them being...
Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost. Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have hea...
What is up BP Fam!
Situation: I am starting a job in a new location on Jan 10th, 2022. I'm tired of renting and finally have enough money saved for an FHA loan and am gonna use this opportunity to find a property. I'...
How do I know an area that has low vacancy rate? Basically how do I know if I buy a house a neighborhood it will take on average X number of days to get rented?
I just found out a small 9 unit multi-family that I own is in an Opportunity Zone. I've owned it for 7 years. The reason I found out it is in an opportunity zone is because I was thinking about adding 24 units to the ...
I am having a difficult time analyzing multi-unit properties primarily because of the insurance numbers. I have contacted several different companies/brokers in the area and they have all said about the same thing. ...
Does anyone have a neighborhood map like the one below? I have a list of neighborhoods and their corresponding grades but I have not put it into a map like this. Also, I think this could be more precise than my list.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $58,500
Cash invested: $55,000
Sale price: $155,000
Contributors:
Peter Vekselman
Partner Drive...