Hey BP Family!Question when an investor/buyer wants buy and hold properties, NOT properties to flip, am i still treating it the same as when i wholesale a buy and flip deal? Meaning, ARV * 70%, calculating repairs, et...
Hey All,My wife and I are looking to develop a portfolio of rentals in the northern portion of California's Central Valley (Sacramento and surrounding areas). I have been practicing analyzing cash flow on some of thes...
Hey guys, I am brand new to real estate and I'm trying to analyze a deal. There's a 2 bed 1.5 bath for sale for 99,000. The property also has a 1 bed 1 bath guest house. It's in the middle of town and with a little wo...
Can someone please explain this is laymen's terms? This is on an MLS listing for a duplex. The price is 96,000. Thanks,Terry
I'm a newbie here and would greatly appreciate some feedback.3 Unit PropertyList Price 69,90020% down (13980)Loan 55,920 at 7% for 30yrs = 372/moINCOME2125/mo (25,500/yrly)EXPENSESTaxes 3087yr (258/mo)Ins 1200/yr (100...
I'm looking at a duplex locally, and want some advice on what you guys think it would be worth!
Asking price: $49,000
Approximately 1400 square feet, so the apartments are a bit small, but has a detached garage, w...
Month 2. My inherited tenant is terminating the lease early. Under the existing lease there is a tenant and an occupant. The occupant is willing to take over the lease. I want to terminate/void the old lease and st...
Hey all,I have a rental property in Clifton NJ that is currently an LTR. With the tenants moving out, I'm toying with the idea of converting it to an MTR. Would love to talk to someone in Northern NJ who is knowledgab...
I started investing in residential real estate in 2017 by purchasing 3 properties from 3 different turnkey providers in the midwest. Two of the turnkey providers operate their own property management company. These tw...
Hello Everyone, We are new to investing and have been educating ourselves, following our market, running local deals, networking and really diving into to learn all about REI and our market for the past few months and...