Will Gaston
I can still add A LOT of value...but this deal "feels" wrong
All:I have been investing in my market for 11 years and know the two zip codes that I only buy in extremely well. I was approached 18 months ago by an agent that I trust about purchasing an 8 unit building in an A+++...
Jerry Johnson
Bank Loans Amount
Few questions here.1. How many Loans will a bank Lend you?2. Better to use loans from the bank thank Cash?
Omar Rivera
The thought process and goals of an investor
Hello Everyone, I am working with a team of programmers, engineers and financial consultants to create and submit a business plan to our MBA curriculum's final competition. I do plan on actually creating a technology...
Gea Elika
Elika Real Estate Buyers' Confidence Survey
We would like to invite you to participate in the inaugural Elika Buyers' Confidence Survey. The survey has been designed to gain better insight into the needs and wants of buyers' in today's market and to give buyers...
Pawan Kumar
Cost Plus Contract- Construction to Perm Loan
Hi there BP, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.
The concern is around the cont...
Account Closed
Analyzing a condo with no comps
Hi everyone,I came across a potential good deal but it is a condo. My main concern is that there is only one reliable comp within the building. I don't feel very great about making my estimates based on a single comp...
Bret N.
MAO for Cash Flip Vs Creative Finance Flip
I had thought that when I go out on offer presentations that depending on the deal, I might be able to offer a variety of situations for the seller but determining the MAO between the two has been a challenge.1) Cash ...
Anthony Gatt
Property analysis
Hi, I'm doing property analysis and - like many others - want to account for property management in my numbers. I see a lot of people recommend 10%, to be conservative. However, most PM's charge a full month's rent to...
Justin Megna
Expenses or debt service? How do rental esimates work?
I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...
Greg Lindor
How do i know what my first investment should be?
Hey BP folks. I'm new here and I've been reading and consuming a lot of information on here and I Love it!I'm 29, married with two kids. My wife and I have decided we don't want to work past 45 and have our money work...