Hello Everyone,I am absolutely new to the RealEstate investing world and hoping someone can guide me if I should finalize or walk away with a development deal in MN.So the lot is for $220k and have plans approved with...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/962030/small_1695772273-avatar-jonathanm213.jpg?twic=v1/output=image&v=2)
I started the process for a 203 k conventional loan for a residential primary residence and estimated the rehab wrong. The rehab cost are more than I estimated which made the closing cost higher. In order for me to ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/103129/small_1621417172-avatar-samantha76.jpg?twic=v1/output=image&v=2)
Just want to verify I have a good grasp of this subject. You always adjust the value of the comp, never the subject property.
If the comp is superior to the subject property, subtract
If the comp is inferior to the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/645861/small_1694967933-avatar-cpr2.jpg?twic=v1/output=image&v=2)
I figured the Air BnB calculator would be similar to the Rental Property calculator. However, it seems to simply attempt to provide the revenue side of the equation. I am looking for the full analysis which would in...
Hello,
What maintenance reservere do you think is conservative for the following property?
2x1 duplex in Florida, built in 1983. Block home. Each unit is about 1150 sq feet. Each unit also comes with a 3 car gara...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/132399/small_1621418437-avatar-alydec.jpg?twic=v1/output=image&v=2)
Without knowing anything else about a property, except that it is a 3 family, good condition, each unit rents for approx. $1,400mo. Is there a guideline or guestimate of the value??
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1476593/small_1692152840-avatar-brianc560.jpg?twic=v1/output=image&v=2)
Hey guys, there's a house listed on my local market for $223k and described by the realtor as having 'severe water and mold damage, broken pipes, freeze damage and missing carpet/flooring/sheetrock. Seller will not ne...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/284655/small_1621441567-avatar-danielch.jpg?twic=v1/output=image&v=2)
So this will be my first offer for a foreclosure home. Here is the dealAsking: 83kARV: 140KRehab: 6k (paint, carpet and appliances)Rental: 1350-1400/ month if I buy and hold.Both rental and sale comp has DOM about 20 ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1393243/small_1695880681-avatar-stephaniej62.jpg?twic=v1/output=image&v=2)
Hi, I'm looking at potential buying a small cottage on a small lake in Michigan (Baldwin/ Twin Lakes ect...) or doing rental property in a small university town (Big Rapids, MI). I don't know how to do market research...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1353391/small_1695222729-avatar-amandac115.jpg?twic=v1/output=image&v=2)
Hello, my name is Carolina. Im new to this group and as an investor. I need some help analyzing this deal.
Its a Wholesale deal
ARV: $200K- 220K - Repairs: estimated $9,000 of foundation work - Purchase Price: $15...