Sarah Lorenz
Setting ARV based on comps vs. market demand?
Having a little "discussion" with my partner about setting the ARV on a flip based on the few comps available, vs. an analysis of market demand. In our area, there is high demand, very low inventory and very, very low...
Doug Hinkle
Rental Property 50% rule, 1% rule, cash flow estimates
last year I bought a 3b2.5ba 1/2 duplex for 100k. I had it rented for $960 within a couple weeks of closing, and did nothing but clean the place. When it rents again I could get $1000, I'm close to the 1% rule. $1100 ...
Jamison Luther
How to invest SDIRA funds into a rehab flipping business
Our first post into the community! Thanks to all for the great expertise, professionalism, and sharing that I've benefited from in the past.
Currently we have an investor with $250k that wants to put SDIRA funds to ...
Cori Chekhovskiy
Does Cap Rate include Capex?
Just want to check my understanding. When people discuss Cap Rates, I think it subtracts off for all cash expenses EXCEPT Capex. Is that right? Is there a measure that subtracts off for Capex?
Jared Threat
Own your day as a New Agent / Investor
Hi BP Community!I am a newly license real estate salesperson and work a w2. I work remotely for my w2 and have a good autonomy. I am looking for any tips or advice on how to best structure my day, what technology woul...
Account Closed
How does an appraisal get above comps?
I'm new to the world of retail appraisals, as previously I've always sold to investors and never allowed for an appraisal contingency. I'm confused how values can go up and if the appraiser is using comps.
I liste...
Vernell D Watson
Request everyone's opinion reference cash flow.
Hello Everyone,I have a quick question. Does it makes sense to buy a multi family home for 180K that will cash flow $1100 a month after the mortgage, taxes and insurance is paid? It's a two unit property and each unit...
Philip M.
Best way to take over 54+ units from my father who is retirement age?
Hi All,First off, thanks to anyone who has any type of insight here, it is greatly appreciated! I am 36, own a very successful Air BNB at a local ski hill, and am in the process of looking into the best way to get in...
Rita Rosa G.
Tenants refusing to pay utilities in full
Hello BP members,
Need advice on what to do with tenants who are refusing to pay utilities in full. I own a duplex, the upstairs unit is being rented by a married couple and the downstairs tenants moved out by July 1...
David Leggett
Cleveland and the 1% Rule
I just wrote an in-depth blog about the 1% Rule and the Cleveland Market and I was curious to get some feedback on whether investors still stick to the 1% Rule or if it's an outdated investing metric. There are a lot...