I'm 26 years old and my husband is 28. We currently have about $75k in savings. We own a 3 bedroom home in northern NJ that we took around a 385k mortgage for. I'm fantasizing about the idea of a renovation to our hom...
So I posted awhile ago that my husband and I bought a home at a foreclosure sale. We did not do much due diligence but actually worked out well as far as title and cost. But it has been a story of if something can g...
Hello everyone. I have several properties scattered in Vegas and Reno. Yesterday I purchased another 2/1 condo (850sf) that needs to be fully rehabbed. I have great contractors in Vegas but am struggling to find on...
As summer winds down, here’s a look at how things shaped up this season.
Most property managers reported occupancy rates being down by 10-12% year-to-date. August was hit the hardest, which makes sense given that man...
Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment". I invested in a Single-Member LLC, of which I am the "Single-Member". The single-member LL...
I just accepted a full price offer on a property we listed 5 days ago in the Bellevue/Eastside of Seattle area. This is a property we acquired a year ago, it's a fix-upper in a conveniently located neighborhood, the p...
Every year realtor.com releases a Top Housing Markets report based on anticipated sales growth (inventory) and price growth (appreciation). I find this data super interesting, and took the opportunity to dive into the...
Currently, my business partner and I are looking to put an offer on a single-family home for a house flip. The house is listed for $230k, and we plan to offer $235k. The potential after-repair value (ARV) for the prop...
Hi All,I have a simple/stupid question. Do you factor in property management fee as part of your formula to calculate Cap rate?When I was searching for properties, the listing agent's calculated Cap rate almost never ...
Hello everybody, I was just curious as to what cap rate would excite an experienced investor at a real estate event. Also curious, if we go 50/50 that means I’m going to have to pay my half of the down payment before ...