Scheryl McDavid
Vacancy Rates in Raleigh, NC
I'm new to BP and am studying deal analysis. Quick question: How do I find out the average vacancy rate for Wake Forest/Raleigh, NC? Thanks for your help!
Skip Dell
Any Suggestions would be great
My wife and I are ready to start flipping homes in the South Jersey area. We don't have a lot of cash to start with.. About 20K We were thinking of using. Hard Money.. Is this the way to go ? I don't think a Private ...
Naji Boutros
Turn a $400k Property into a $500k Property?
How do I go about figuring out what to do to my property to increase its value by a specific dollar amount? Do/Can I consult with an appraiser and ask what needs to happen to this property to increase its value by $XXXk?
David A Smith
Michigan Condo Master Deed?
I have lived here for over 14 years. What a mess living here with a loose rules and descriptions in the By-Laws. We have 32 units total and 12+ are rentals. We have 4 board members that are the landlords. Drain pi...
RJ Gustilo
Cash Reserves For a Loan
Has anybody felt they ran into a set back after learning about having the need to have 6 months of reserves required by banks? I am a newbie investor looking for my first investment in the next few months and have eno...
Nikolay Georgiev
Compensation from developer
Hi guys,I want to offer my land plot to a developer. The deal is as follows: I transfer construction rights to him in exchange for a share in the completed development. The planned residential building will have app. ...
Andrew Reid
Is there such a thing as cashflow target? Examining a property
I am considering purchasing a 4-family property, living in a unit and refinance to remove PMI after a year or two. After the following expenses, 1) Property Tax 2) PMI 3) Hazard Insurance, it would cashflow at about $...
Laith Al-Tamimi
Cash Out refi
Hey fellow investors!My partner and I bought and rehabbed a house w our cash and now looking to pull our cash out. What banks do you guys like for this method? What are the rates if you’ve done one recently? Is “DSCR”...
Rachan M.
Tax Implications of Gift from Parents
Good Morning,My parents, who live overseas, want to gift me some money which I would use to buy my first investment property.Does anyone know the tax implications of doing this? Will this gift count as income, and wil...
Scott Arno
Full Time Job Hours and REI
Hey everyone,This is sort of a backwards question compared to all the podcasts and stories celebrating quitting a day job for REI. Pretty much the opposite. I'm a recent masters degree graduate, so naturally I have no...