Hello everyone,
I am new to the community and have been reading up on wholesaling REO homes. I am currently looking to wholesale homes located in the city of Detroit where property values are already low. The...
Hello BP Community. I wanted to get a consensus, I am relocating to Austin and selling my primary residence here in Orlando, FL ..... I am selling on a lease-option, but I'm curious how many of you would have sold ou...
Not my first house, but need a second opinion. The house in in Seatac, just south of Seattle proper. It IS on a busy street (Military Rd) but has a new roof, plumbing, furnace, water heater, kitchen/appliances, etc. S...
I've been approached by an investor group in San Diego that has a property in escrow they want to assign. The particulars are as follows:
Located near Van Nuys, CA
4+1.5 sfr, 2,049 sq. ft., 7,200 sq. ...
I am interested in an 8 plex that is literally a stones throw across a major road from the nicest area in my town (approx 300,000 population). this area takes a step down in "class", but of course no MF exists on the ...
Today is our closing. As the property is 3 hours from my residence, I did my closing yesterday: signed all final loan documents, wired my money to Escrow, etc., and we FedEx-ed our documents for 8AM delivery this mor...
Good Morning All...I signed contract to purchase my first rental property. It's a townhouse (i.e. two floors on each side) style duplex, and is the only multi family property in this neighborhood (the entre town is ...
I recently retracted an offer I made on a house due to the seller delaying close for an unreasonable amount of time. His reason was actually legit but I felt I needed to move on to something a little more promising...
background:
About 2 years ago a commercial broker whom I know through friends showed us a building he had as a listing. We liked the property and entered negotiations with the seller. As it turned out, when w...
Curious how people model future property values for multi-family investments. Seems that there are two approaches.
1. Based on Appreciation
2. Based on Rental Income
I generally struggle with Cap Rates and w...