Haley London
Cash offer on rental or flip
Brand new investor!I have cash to invest and found a housethat is bank owned and is in nice shapeexcept the cosmetic paint, possible bathroomupdate, and the big expense a new roof.It is a small bungalow 2/1 but everyt...
Marc Izquierdo
What number is taxed on a financial statement?
I was starting to build, edit, and run a few deals through a spreadsheet I developed. Below is an example of the financial statement portion of the spreadsheet. I was wondering which number the IRS uses to determine...
Savannah Lewison
Help me analyze this.. cash cow?
Hello BP community,I may have found a particularly amazing deal. I know that without knowing the specific area of Pittsburgh it's hard to tell if I'm spot on with rental numbers but I cross-checked rentometer and curr...
Tyler Blessing
Financing for a 4 Plex with slightly below average credit?
As you've read in the title, I do not have the greatest credit or a ton of money currently. I am new to real estate but I think I've found a decent deal nearby, it is a 4 plex with all units currently rented (total re...
Chris Risi
Mobile Home Park Deal- Analysis
Hi all,
I'm looking at an acre lot that is zone for mobile homes. Currently there are 2 homes on there. Purchase price (asking) is $280k. There are currently 2 septic tanks on there.
I'm wondering how do I analyze t...
Andrew Treschitta
Doing BRRR with a 203k loan
I’m looking to buy my first property (2-4 family) to house hack/ BRRR. I’m wondering about using the 203k loan to get a property, fix it up while renting it out and refinance. Does this seem like a good strategy to in...
Jesse Andrews
Advice on funding New Construction in Massachusetts
Hello BP!I am a wholesaler and landlord in the Rhode Island Market, but have recently come across a piece of raw land in Canton, MA. I know that raw land and construction are desirable in the Boston demographic area. ...
Jenna Olivieri
Property Management Compensation in NJ & PA
I have been a Property Manager and Realtor for 5 years now paid by a salary in NJ & PA. I have been offered an opportunity to launch property management for a brokerage from scratch. I have asked for a salary &...
Shawn Reisner
Duplex Cash Flow Analysis
Hey guys! I think I found a good candidate for my first investment property, but I wanted some feedback and what you think of my numbers.The property is a duplex where each unit is a 1BR/1BA. The total monthly renta...
Lou Ruggieri
How Do You Come Up With Your Initial Offer?
I'm in nj and looking at mostly multi-families but I guess this can apply to everyone.
So let's say someone is asking $250k for a duplex. What factors do you use or what is your strategy in beginning negotiations?...