I came across a listing for a 4 family house. The asking price was reasonable and the income sufficient enough to provide a decent cash flow. I was preparing to make an offer when I discovered that the city had passed...

I began looking into commercial multi family 8 - 30 units. I have a criteria that i'm looking for. However, I'm having mixed feelings on how these sellers are valuing their property. My understanding was they base pri...

Hello BP,I'd like to first say that I am working with my father on this deal. It is a 66 unit apartment complex with garages for extra income. He is actually doing the accounting and management full time for the curre...

Just talked to one.  Lender pays for broker's service. Broker can shop for terms and rates for me, instead of I apply with only one lender. It is a good way to get good deals?I need to do a REFI and condo mortgage.  

Hey All,I'm curious what people are actually getting for market rent in the Bremerton, WA area?I'm currently renting a 3bd-1bth 850sqft unit in a duplex for $1400 in the Manette Neighborhood.I'm looking at a similar s...

Hey everyone. So I'm sending letters out to pre-foreclosure properties found in the daily paper(aka online through county website).. however some get kicked back. Either the home is vacant or not deliverable.Anyway, b...

We came across a Statute here in Minnesota that affects our duplexes we own in our portfolio. A few months ago our local Utility company called to tell me that the Utilities are being placed back into my companies nam...

Is there a rule of thumb for expenses on mobil home parks and self storage units?

I'm looking at a property with 26 mobil homes, 13 of them park owned, and 53 self storage units. The gross annual income is $130,000 (...

Hey all,

I have a few questions that are somewhat unrelated to each directly, but all tie to the process of wholesaling. As I'm a newbie, I'm trying to first identify leads by using a Realtor, focusing on a specific...

Hey BP!I hope some of you find this post helpful.How do I correctly value an investment property? Simplistically, a valuation is a measure of how much a specific property (the “subject property”) is worth. Framed diff...