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Greetings,I've been evaluating a package of properties that together, total over 100 units.I keep reading that on the calculator to use 5% for repairs, 5% for capex, 10% for management and so on.When looking at over 1...
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Hi BP! Looking for advice on my first deal. I'm going to be using an FHA loan for my first deal which will obviously require PMI on top of my reserves for vacancy, repairs, and CapEx. I'm wondering how many or if any ...
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Hi all! This is my first time posting and I am in need of some advice… The background to my question is my husband and I have been dabbling part time in the real estate investment game for 10 years now, while we have ...
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I got under contract on a duplex here in Conway, Arkansas this morning at a real good price of 85k from the MLS (if that matters). It is a 2/1 on each side and is close to a big college here in town. I have my inspe...
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Hey guys my name is George and about a year ago I posted on BP in regards to a 36 unit development that we finished in Moultrie GA. We built it for around 1.5 million, post construction Refi appraisal came out to 2 mi...
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Hi everyone,
Good afternoon! I wanted to post a question to this forum.
I'm from Venezuela, living in Miami with my family. For many years, I've been studying and following this community to dive into the world of ...
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Ok, I'm going to give it a shot. I have always heard about subject-to-financing deals. I've always been skeptical but a deal came to me that seemed perfect for this scenario.Here's the deal:I've been advertising in T...
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So, I was hired by a partnership in Missouri to manage some of their rental units. I currently only manage 4 of them, but I don't have a real estate license or broker's license. They hired me because I had expressed i...
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Hello everyone! I'm not sure how long I should make this, but if I figured if I'm looking to work with other people, it would be good to clearly state what I'm after!My name is Elliott Joyce and I am making the jump t...
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Well, after re-analyzing my rental property in AZ, I am debating selling. I purchased it with a VA loan (I put very little down) as I was planning on living in it for a long time. Anyway, my life situation took me fro...