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I recently analyzed a property that had a 6.5 cap rate and when i did my calculations the property was being sold for 400,000 less than the predicted value. The property says its going through renovations but would th...
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Currently well into the process of getting an investor group up and running via an LLC.Will soon be filing with the state, opening our needed accounts and then determine financing or not.Initial though was to buy prop...
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I’m learning about RE and I’ve decided that I want to invest. But I’m having trouble mapping out goals and plans that seem achievable I’m learning this on my own so far and would appreciate some advice I’ve always bee...
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I am earning >200k this year. But due to a mistake my wife did I got a derogatory item last year. My credit score is 650 or around... can I get a mortgage loan or should I wait??
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Hello fellow BP Members,
As some of you know, Im new to the real estate investing game.
First and foremost, I want to thank you all for all the help and guidance on this journey. Ive learned quite a bi...
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Hi Everyone,
My question is do you favor replacement cost insurance vs. rebuilding cost insurance? Also, if the property is destroyed and you have only replacement cost insurance do you rebuild or just sell the land ...
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BPers,
I need to make an offer on a 3 Units in the lot. It has a 2bed, 1Bath in front. A 1bed, 1bath in the back, and a 1bed, 1bath on top of the back unit, with 1 car garage for each unit. Zestimated in $840k. A T...
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Hi Everyone, I wanted to share some creative strategies that have allowed me to increase the NOI on our first multi-family property by an amazing 105% in only 5 months of ownership using some creative strategies I lea...
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Hey Guys, what are your thoughts on buying rental properties in Rochester, NY vs Syracuse, NY. I noticed some people saying that it is a depreciating market but the cashflow might be good. I am from Philly and plan on...
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About a year ago I had to do an eviction on one of my properties here in Southern Indiana, the judge issued a default judgement against this couple and in my favor of $5,400. At the time I was just happy to get these ...