Derek Cox
What is your cutoff for age of property?
I recently found a duplex in my area that is in very good shape. New roof, exterior paint, laminate, and carpet. Not too bad of settling throughout the house. Only thing is the building was built in 1900 and my conce...
Yasmin Muhammad
Advise on Financing First Deal
Is it advisable to take out an additional loan, such as a personal loan, to help with the down payment?
Sam Dudenhoeffer
How to build a wholesale network from scratch...
I'm working with local and out of state LPs who have essentially given the green light to let us find and operate subinstitutional Multifamily investments that are at least a 7 cap; this is in Missouri, specifically. ...
Dan Sheeks
Is the 5% cap ex benchmark too low??
Has anyone else discovered that a 5% cap ex estimate for expenses on a rental property is too low? Perhaps way too low? And if it is too low, then your cash flow projections are off and a $200 monthly cash flow could ...
Michael Elkins
buying distressed properties with a HELOC
Getting ready to buy my first investment property with a HELOC. I have $250k worth equity. Looking to buy a duplex, if possible, to fix up and rent. Is my best option to buy the property out right with the HELOC and t...
Eunice L.
What to ask for to check concrete proof of roof age, HVAC age
Hi everyone! I am an out of state investor and I would love your advice on the following question. When you talk to a seller and they tell you that the roof or the HVAC is 3 years old or 5 years old etc..what do you a...
Miguel Oliviera
Jacksonville areas to invest in multi-units
Hello BP Community,
Can definitely use advice in which zip codes in the Jacksonville, FL market are good to invest in. Specifically looking for multi-unit properties in this market for buy and hold. Any advice on th...
Kevin Sheppard
favorite direct mail target?
Good evening BP. I'm new to BP and even newer to real estate investing. I'm very excited to be on BP. I've decided to start my journey with wholesaling and want to start with direct mail. What demo of distressed selle...
Kyle Bray
Should I use an IRR calculator to evaluate a deal?
Hi,I just finished a book that says the best calculation to evaluate real estate is IRR. I have noticed that I don't see anyone else referencing IRR and I am finding free IRR calculators hard to find. Does anyone know...
Troy Kingsbury
Formula for buying a rental
I have been buying homes to rehab, and using this formula to determine an offer price....ARV less 30% less rehab costs. Anyone have a formula for buying something to hold and rent?
Thanks in advance