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Phoenix multifamily can't lose right? We have been purchasing based on three primary inputs:1. Perpetual rising rents.2. Perpetually low interest rates/ability to refinance.3, High occupancy/low economic vacancy.Unfor...
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Has anyone flipped properties that were found on Craigslist? Is finding properties to flip off the internet a bad choice? I mean there is not much a person could do to advertise the property seeing that the property w...
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What is everyone's favorite way to keep track of receipts for taxes/expenses?! Having a hell of a time this year and would love some guidance for next year!
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What would you guys offer for this property and do you think i missed anything in my calculations. Probably should count in another 8% in CapEx. Property is in a c- minus area. 6 units all 2 bedrooms, Farily new roo...
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Hi all, I'm trying to lock down a deal on a multifamily property. Initially the Seller and I were going down the Seller financing route with terms: 20% down, 30 year AM, 5% with a 7 year balloon. However, the Sel...
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so basically I am looking for my first deal. Found a house that looked like it was half way flipped with a for sale sign. Called the number and a lady answered, she said her husband had a heart attack and can not fini...
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What are some different ways to go about seeking out a **GOOD** REO agent to work with in supplying information regarding properties and gaining access to the MLS in your local area?
I am not ...
Quick background to paint the picture; I’m a home buyer either looking for a primary residence or rental, each deal is different and serves a different purpose. For this deal we’re looking at the value in the land and...
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I would like to have my 11 year old daughter help out with my real estate business in some way so that I can pay her and she can be a business expense. Is anyone else doing this? What are you having your teens and pre...
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Hey everyone,
I'm new to BP but have been reading forums for a few months now and everyone is very insightful. I'm looking to start purchasing turnkey SFH/Duplexes with the goal of having 15 properties in 7 years br...