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When evaluating a potential rental property, I am concerned about generating positive cash flow. To estimate the cash flow I have been using a 20% down and 15 year fixed mortgage. My realtor suggested that I use 30 ...
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Hi all! Just bought a house that I'm renovating as part of a BRRRR, and I'm trying to decide what the best material is for flooring, countertops, and lighting. Considering that I want the house to appraise for as high...
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Just trying to build a team in Cleveland OH. Any recommendations on a good licensed/bonded company to handle standard rental unit level rehab? Any suggestions would be appreciated. Mainly, just needing estimates (will...
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I found a home in connecticut. Its a 3 family built in 1927. It's been on the market for a while and has changed hands as far as agents representing the seller goes. They're asking for 180k. The rent is 1k per floo...
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Hi, I am a landlord of a small mixed use property. My commercial tenant removed the protective steel gates without my permission. Replacing them would cost about $7500. Is this something I can file a claim for? Also, ...
I am starting to explore buying my first property to either flip or rent and I would any and all opinions/thoughts/ideas/suggestions. There is a ranch house not far from where I live and it’s in a great neighborhood. ...
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When doing a cash flow analysis for a multi-family, what does a free cash multiplier entail?I understand basic Cash on Cash and Cap Rates, but I see Cash Multiplier and don’t quite understand what it means.
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Ok, so I have someone doing a short sale on their property (planning to)
But does anyone have advice for shorting just the 2nd, or need to present to both 1st and 2nd?
Owed is around $550k, $275k 1st, $271k 2nd, BP...
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Hello BP members! This is my first wholesale transaction. I live in Idaho but my seller (residential home) lives in Lakewood, Washington and isn't in a huge hurry to sell and will wait for me to get my 'shtuff' togeth...
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So I went to my first loan/mortgage specialist to feel out what the fees might look on a 200k property.Basic info: Property purchase price 200,000 5% down= 10,000Loan amount 190,000Closing cost estimate = 6,600Total f...