Eric Dupuis
New Investor looking in Denver
Hello all, new investor here looking to get in the game. I bought a house in Arvada three years ago which I now rent. I cash flow $650 on it with my current loan. I just had the house appraised for $495K and I owe $33...
Tyler Weinrich
Would you overpay on purchase price if cashflow is there?
Looking at a park and owner is asking $130k over what it will probably appraise for but is willing to finance the whole purchase. This got me thinking, if you could get the owner to finance 100% (or even 95%) of the p...
Eliot M.
Mobile Home Park Valuation once and for all
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Martin Rubio
How much Cash-on-Cash ROI and Cash Flow is enough on BRRRR?
I have been a BP member for a few months, and have watched/listened to every webinar/podcast I have been able to get my hands on. On those, @Brandon Turner usually mentions (for BRRRRs) that a desirable cash-on-cash R...
Nate Roman
Are Home Warranty plans worth it?
I never really gave it a second thought until recently, but I kinda think Home warrantys are a waste of money. Am I right? What is the point? I guess if your appliance goes haywire, it may be worth it, but it seems...
Bill Graham
Career Change
Okay, I am hoping one or two of you may have found yourselves in my position at one time in the past and may be able to offer some direction/ advise.
A little background... In real life I am a Printed Circuit Designe...
N/A N/A
Beginner needs list of different types of contracts.
Hey guys
I Recently became very interested in REI and I understand all the theory, all the different ways to acquire property. I still don't understand the basics of the actual ways of buying and selling when it come...
Darien Gilbert
Buy gutted duplex or Duplex thats rent ready?
Hello all. I am a new real estate investor this will be my first purchase. I can get a gutted double, or ran down place for about 15k, or I could spend 45k and get a rent ready duplex? Was wondering which would ...
Dax Causey
House valued at 53k
Seller has house valued at 53k. He said he wants 50k. This obviously isn’t a deal but if I could get it under contract for 30, then would it be a good deal? I’m a newbie. Help me out
Account Closed
What to do with land in a flood zone?
I have a piece of land near San Antonio in a very desirable Area. The property is approximately 1.27 acres.It is cleared ect. I took the land as a down payment on a house that we owner financed. The previous owner/ se...