When I am researching comps for a particular property i know on the sq footage it can be about 25% difference but can there ever be a slight difference on bedroom and baths. For example if a property had two baths, c...
I have a house under contract as a first time home buyer. No money down with Rhode Islands Renewal Program. They give you a 20,000 grant to buy a foreclosure. Right now I am 1360 dollars into the deal. Keywords: Rhode...
Hi all, new investor here, learning how to value properties. I read the most recent CBRE cap rate survey and a few other sources for cap rate information. It seems those surveys are typically focused on larger multifa...
Hi all!I am new to the community and thought the BP forum would be a good place to get started. I am looking for some advice/guidance on how to break into the multi-family segment.I currently work in commercial real ...
I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
This is more of a rant....just want to get this frustration off my shoulders! Me and my wife have been TRYING to get into fix and flips and a couple rentals for several years now. Have literally gone to see 1 house in...
Hello All,
I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get...
I was trying to run some numbers through a spreadsheet to see what the effects wereof cashing out a 401k to invest in vs. leaving it in a self-directed IRA/401k.Assumptions:1. Starting value of 300k in 401k2. Lose a t...
I am starting to get bummed and need a little pep talk or some advice. I have been looking at and evaluating houses in my area for fix and flip, I can't seem to find any that the numbers work on. I have started looki...
Hello everyone,I'll try to make a long story short here. I recently had a tenant who I could hear running the water for long amounts of times (15 minutes or more). After the third time in three weeks I asked them what...