Andrew P.
I have a question in regards to the 50% Rule
First Post!So i've been lurking around on the forums for awhile, and listening to the podcasts on and off for the last few month. I have a question regarding the 50% rule. I am looking to buy my first investment hom...
Timothy Lewman
Ibuyers are burning Wall Street money
Those of us in the housing industry are concerned about the rise of the Ibuyer - companies that buy your house so that you can buy another one without waiting for a traditional buyer and the months it takes to find th...
Johnny Espinoza
1st investment SOCAl or Out of State?
Hello Everyone! My name is Johnny I have a question for all of you and appreciate any advise. I’m liking to make my first investment fairly soon. I’m a bit torn in which route to go as everyone knows California is exp...
Alessandro Struppa
Loopnet and CAP rates
All,I have been looking at multifamily properties on Loopnet and many of these seem to be great deals with cap rates at 10%/12%/14% and such. Does anyone know how they come up with these numbers? Why would it be so ea...
Nemi W.
Numbers look good to me...what do you think?
The numbers look good to me. But I'm still new to wholesaling and I don't have the confidence I would have after doing MANY deals like some of you.
...so I'm looking for feedback...
Bedrooms: 3
Baths: 2
Garage: 1
S...
Joe Edwards-Hoff
General % to factor for property maintenance?
Hey all,
I am currently just researching and practicing right now. One thing I have been doing is assessing the cash-on-cash value of certain properties in my town. I factor in vacancy rates and some other stuff, bu...
Axel Norvell
Buying the house next door (Seller Finance Deal)
Hi BP Community.
I closed on my first property back in April 2020 and I’m currently house-hacking the property with all bills being paid.
The property next door is vacant and being held by an investor who bought it ...
Craig S.
Is Net Income or Gross Income Used For A Mortgage?
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
Jeff Owens
Looking for software, anyone use buildium?
Any one use buildium? What's the good, bad, and ugly on it?
Brad Rondeau
Tax on my rental when I sell
Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...