Back again in my pursuit of learning how to analyze deals in Indianapolis. This one, upon first blush, really seemed to fall in line with the idea of BRRRR. The neighborhood *seems* great actually, prices in the area ...
Hello,
I am a starting investor. An older lady wants to talk to me about selling her home. She informed me that the house needs a lot of repairs and she has never gotten an appraisal, therefore has no clue h...
Hi All,
Came across someone who is trying to sell this 32 unit apartment in Wyane County, Detroit, Michigan. His asking price is $320,000.
Now the seller is trying to offload property that he has just acquired. The ...
What's the best formula for finding a positive cash flow on a deal ?
I have opportunity to purchase a 4 plex for $77,000. I looked at the 4 plex on monday and I estimate the repair cost to be around $12000 to $13000 per unit. The 4 plex is in a c may d area but not a warzone. I did som...
Interesting article on how land prices are on the rise in the Phoenix area. Short audio interview with the author is also on the article page on the left side (says video, but it's really just audio).
http://www.azc...
Hey guys,I am badly in need of some suggestions. Currently, my wife and I have purchased a place that is in bad shape for 84k. Our realtor is also our future project manager. She led us into the investment believing w...
Hello BP,Need advice on structuring a deal. So the back story, I found an 8 unit building in a great area. The previously owners purchased it for 165K and selling for 290K. The previous owners under estimated the reha...
Hey I am a new RE investor. I am in the process of getting my first rental property under my belt and was wondering how did many of you go about dealing with contractors in the beginning? I am located in Springfield, ...
Hey BP!This is my first post so if it is a bit naive I'm receptive to feedback on improving it :)My partner and I came across this interesting property in a great location in Natick, Massachusetts. The situation is a...