Derrick U.
Help evaluate a property
$775k asking price8 units (6, 2x1 2, 1x1). Fringe neighborhood. Class CBuilt in 1980Laundry on site. Leased W's/D'sTotal monthly rent $6800.Expenses?Desert landscape...no landscape costs. No or go?Just curious what ev...
Jimmy Delcamp
Yellow Cats
Now that I got your attention, I have a question.
Currently I am trying to determine the value of a property and have come across some problems. The particular property has a barn, chicken coop, and horse stall that...
Cory Lucas
Lesson learned the hard way, any stories you’d like to share?
Well bummer, lesson learned on my first BRRRR property in a somewhat hard way.Long story short, I had to get some tree issues taken care of at the property and I only called one person as the next-door neighbor absol...
Dan Golden
Newbie needs help.
Found an out of state owner that is military and hasn't been in the home for 6 years. Zillow has estimate at $171k. She owes $117 but wants $155 because they took $38 out of retirement to repair home after renters tra...
Nicholas Morris
Would like opinions on this property
Property price 22k condo turn key or very minor repairs.
Analysis
Low side of rent 600/mo
P and I with 4400 down 95/mo
Property Management 60/mo
Vacancy 60/mo
Maintenance reserve 60/mo
Taxes 30/mo
Hoa 135/mo
(Hoa in...
Valerie Lam
contracts
I will be taking a hard money loan to fund a project my contractor has brought to me. The loan I take will be the primary source of funding and bank loans will be taken out as the project progresses on the value of th...
Luke Sorensen
Estimating the cost of a ground up project
Hi all,I'm completely new to real estate and want to start learning by looking into potential projects. There is a local 0.6 acre plot of land in a higher-end residential neighborhood that caught my eye. I'm here mos...
David Noskiewicz
Obtaining what you need to make an offer quickly...
I am looking for my first commercial deal at the moment, I have all my "ducks in a row", however I realized that obtaining financials (T12, Income and expense, Rent Roll, Accounts receivable/payable,) and I always get...
Susan Clark
creative financing ideas for a triplex deal rochster/ upstate ny
Im looking at a triplex in my town, the owner seems motivated to sell, the home is in ok shape, older furnaces, newer windows, separate meters, taxes are almost 4k, income is $1575m assessed at 75k. the seller is tire...
Sal Messina
Which one comes first? Securing a hard Money Lender or the deal
Hi All, This is my first post to BP so bare with me. I've been listening for about a year and have read 3 or 4 of the "classic" real estate books. With all of this information I'm still a little fuzy on the timing bet...