Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Murali P.
Deed of Trust Investing
I am looking at trust deed investing through companies like The Norris Group (in CA) and Arixa Capital (also in CA). Anyone here already doing this with them or through other reputable companies and what has been your...
Account Closed
Another Flip Sold and Done! - Before and After Pics with Numbers
Hello BP,We've completed another flip, and I thought I'd share some pictures and numbers.This house was pretty simple. Mostly a paint and carpet rehab. Holding costs ended up biting us in the butt.Purchase Price - $10...
Rashad S.
It's so hard finding wholesale deals in Atlanta
I just wanted to share my frustrations on trying to find houses to flip in Atlanta. It seems like they are all gone, or we just aren't in the know. I'm an investment Realtor. I know of deals, but am always searchin...
Carrie K.
Legalize it? (informal second units)
I'm looking to move into a duplex or triplex. In my price range, I keep seeing "single-family homes" with basements or garages that just so happen to have kitchens, bathrooms, and separate entrances.
My first inclina...
Brian Ellis
Un-Buildable Lot - Any way around it?
There is a lot for sale in a very desirable part of town, with ocean frontage. The lot for sale has never been built on, and the town has restricted all building on that beach unless there was an existing structure gr...
Account Closed
How does new tax plan affect REI?
So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business. Can anyone confirm....are we still going to be a...
Bobby Narinov
Is the BiggerPockets censuring gone too far
I am pretty much sure this discussion is going to be killed by our overlords here in BiggerPockets due to its controversial nature. I used to like BiggerPockets. I used to log in regularly and comment on posts wheneve...
Kevin Mosier
Collecting Rent Online
Hello All!I'm about to close on my first deal. I found an owner-financed 8 unit, and we're writing up the contract this week. As the property is about to change hands, I've started thinking about how I'm going to coll...
Adam Delort
First Rental Property - CoC return calculation
Hey guys,Just curious if you can help me analyze a deal. There is a condo that has been flipped nearby for sale at $78,000. Im going to offer 76,800. Below is my calculation. Is this accurate? Second question. there i...