Hello !When I receive a deal and I plan to make a quick and dirty valuation what is the right approach ?I always removed the additional income because I feel I should not value a property for lost key fobs or pet fees...
I was wondering if anyone new the percentage range that banks want to receive from a foreclosure sale? For an example some banks want to make at least 84% of the list price. So on a home costing $199,900 that would ...
I am 20 years old and live in the Los Angeles area. The market in my area is extremely expensive especially in areas with low crime rates (the areas I would want to own property). I would prefer to own a multifamily p...
Hi,i have a question about a property in south Chicago, by W 52nd St and S Sangamon stits a 4 unit building, 1 bedroom per unit. it needs a lot of work. i'm wondering if i invested to fix up the place and make it ver...
Hello, Awesome BPers. I'm new to investing and am thinking about building an ADU in my backyard. I'm in San Jose 95119 and from my research, I can build a 440SF ADU. Its a pretty small unit so I'm not sure it would ...
I know there are tons and tons of internet calculators you could use to calculate the monthly payment of a loan but I'm looking for the actual formula that is used. Could someone please find this for me or at least e...
I recently came across a property with over $110,000 in unpaid balance, however the foreclosure estimates was about 60,000 according to zillow.com. Is this an attractive property for investors? And who picks up the un...
Hi all,
Still looking for my first multifamily...Seven months into the search. But no purchase is still better than making a bad one, right? I'm looking at a fourplex now, 2 2-bedrooms, 2 3-bedrooms, with no central a...
This brings me to another question. I’ve read where buyer pays closing costs. ( regular wholesale deals). Do I need to adjust my price to buyer to compensate for this? If I do, what are approx. closing costs?
Say, c...
I am currently rehabbing a house that has a garage. The garage has drywall that was painted about 13 years ago. My question is, do you fill in the nail holes, chips, cracks, and then paint, or do you just give the g...