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Hello BP Team!
Our team is new to REI and have our first deal under contract. We have to close by Nov. 25th.
So, let me start off by explaining how our LLC's structure is set up and I'll attach a graphic that might ...
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Just got a call from my realtor who was told by my lender (who tried to call but I was unavailable at the time) that the VA Loan Appraiser for my house said that the roof wouldn’t last for more than 25 years, and that...
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WARING!!!!! Before doing business with Scott Carson, or anything he is associated with, you should check the Better Business Bureau. Under We Close Notes, and bigger pockets. C...
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My name is Seth Wasylyszyn. I grew up in LA county but moved around quite a bit after joining the military. I got out in 2015 and recently moved to Eureka, CA from Washington with my son. I've spent the last year re...
Hello all,I'm trying to get a loan on a property listed at $810,000. I have the cash to make the purchase, however it would put a very significant dent in my bank account.I have one lender that makes their loan calcul...
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Hey peeps,Got one property closing soon, and I am eager to find contractors to do a cosmetic rehab on it.I want to get a few of them bid for the same work, and choose the ones that make the most sense.I was originally...
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I just calculated the cap rate for a property I'm going to develop within the next year: 20% Here are the numbers:$40,000 to build$30,000 for the land2 UnitsAnnual Gross Income: $24,000NOI: $14,000 (conservative estim...
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When analyzing a property and estimating NOI, we use hypothetical numbers. One such number is insurance.Since running numbers as detailed as possible is what we do to make sure an investment makes sense, is it normal,...
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Hello BP Community! I'm nearing the finish line on my first BRRR and everything is going really well! I'll post the exact numbers but my 4/2/2 with a PP of $95K and rehab costs of $23K will have rehab completed on 9/2...
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Good Morning BP!For the last few months I have been reading, educating myself, listening to specific podcast, trying to analyze things, run numbers, learn the "language", and immerse myself into investing in real esta...