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Hello BP,I have a potential rehab in the works. Its a SFR that needs a significant amount of work. I'm looking for a general idea/estimate from contractors in the Northern suburbs of Chicago regarding how much a gut r...
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Hey everyone! I’m still relatively new to this landlord thing so thought I’d ask the forums for advice. My tenant recently sent pictures of the bathroom pedestal sink. He apparently tripped and broke the pedestal port...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $65,000
Cash invested: $31,000
Single family 3br/1.5ba home, part of a twin. Medium-sized rehab work. Rent listed a...
Just started looking into properties and am a complete beginner at analyzing properties. I've read the BP book for Rental Property Investing and watched a few videos where Brandon Turner provides an estimated percenta...
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Hi all,
I am 23, currently an electrical engineer and just completed my real estate class. I will be taking the test soon and would like to do that on the side, while getting into rentals and staying employed. I am ...
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How about some July MA housing stats for Labor Day?
I follow
2 sets of data; starting with the Warren Group, which reports all
recorded transactions shows us at a median (median = half of the houses
sold for...
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Five Data Points of CRE needed to start underwriting. Do you agree or disagree?
1.Current NOI
2.Proforma NOI
3.Debt
4.Sources/Uses
5.Exit Strategy
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Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $105,000
Cash invested: $28,000
This first purchase was a home run for me. It was important that I ...
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Investment Info:
Single-family residence fix & flip investment in Carmel By The Sea.
Purchase price: $1,100,000
Cash invested: $1,600,000
Sale price: $3,750,000
Purchased a beach cottage, use...
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What is the best way to file taxes to show a high amount for loan purposes, but still keep a low Taxable income? (Self Employed)Currently I plan to list a higher Gross number, but after all of my deductions I have the...