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How do you value a duplex when there haven't been many that have sold. My agent sent me comps of single family houses but obviously they have sold for more they aren't investments. Ultimately it's only worth as much a...
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Hello,I'm getting ready for my 1st property and I want to build a solid model for future investing. When do you stop saving for repairs? For example a 3BR 2Ba , I save 8% for CapEx and eventually I have $10,000 save...
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Below is a work up of approximate closing fees for a property I am looking at in Annapolis. The approximate sale price is $201,000. I have done estimates using the rental property calculator tool on here and in there ...
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Hi, my name is Erik, I'm 25 years old and I'm looking to start investing in real estate. My ultimate goal is to make some extra money in my pocket monthly and to hold on to the properties until I need money for retire...
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Is it legal to, and how can you pre-lease office space before you close or even offer to buy an office space?
It seems that I have found what looks like a great deal on a small office building but would need help rai...
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Hello. I have just joined BP and this is my first post. I am a real estate investor in MA (flip properties primarily) and have also just received my RE license.
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One of my rental properties manager owe me some decent amount of money and would not pay. I need to hire a real estate oriented attorney. Now this attorney has good reputation, but he states in his contract "no litiga...
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My partner and I are just starting out and we are debating the pros and cons of forming an LLC. Are there significant advantages of the LLC over a simple partnership? What about the challenges in dissolving an LLC if ...
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Hey Guys,Can anyone help me? I am just about to buy an investment property. Because the seller greatly over paid the property years ago, he is not being very negotiable even though I am coming in with a cash offer an...
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Hello all,I was wondering if anyone has any experience with getting inspections done with a FHA 203K loan. I know the FHA is pretty strict when it comes to inspections (no peeling paint, no holes in walls, etc) for a...