Account Closed
House Hacking - Include money saved on rent?
Hi All,A newbie here just beginning to wrestle with a lot of these concepts. I've got a deal analysis question about a buy-and-hold rental property. I'm practicing Brandon's "Four square" method on a bunch of differen...
Mitch Graves
Choosing Your Own Vendors When Purchasing a Property
I am new to property investments. My goal is to start on smaller multi-family properties and try the BRRRR method. While starting my research I had read an article on closing costs. It says to estimate 2%-5% of the...
Rich Cavanagh
Natural disasters and your PM
I've read a lot of threads that list what to look for in a property manager. What they take care of and how they take care of it basically. There isn't a whole lot that I have found on how PM's and their owners handle...
Ben Reiss
will Losses on property (now sold) and Schedule E hurt mortgage prospects?
If I have been taking a loss as the house is empty while it's on the market. Will it hurt my chances to get another loan this year as my schedule E will show a slight loss on paper once the units are all averaged. The...
Val Dufour
Turn Key Magic?
So I see ads like this all the time....
http://www.ebay.com/itm/Memphis-Fully-Renovated-Rental-Properties-80-Financing-Qualified-Buyers-/330863348512?_trksid=p2047675.m2109&_trkparms=aid%3D555003%26algo%3DPW.CAT%...
Benjamin Christensen
Wholesale Lease Options
Hello,
I could use some quick help. I am just starting out in wholesaleing lease options, and i have found a buyer who is very interested here is a quick breakdown:
Asking 168k
worth about 168k
rent about 1500/month...
Brian Gibbons
What doc I use to get the tenant buyer to CLOSE - an EMD Agreement
Ideally when you sell a RTO home, you are selling the home, the neighborhood and the FINANCING.
You need to focus on your USP, or Ultimate Selling Proposition.
And be DIFFERENTIATING yourself from selling just house...
Jennifer Wilson
How Will Fannie/Freddie Resort Condo Guidelines Impact Market?
As of today, Decempber 7th, 2020, Fannie Mae and Freddie Mac put out new Resort Condo Guidelines that determines if a condo project will be considered ineligible for their standard financing options. From the rough o...
Shawn Alexander
Buying a 5 unit - How to determine rehab value?
Looking to purchase a 5 unit complex, 4 unit is 2 bed 1 bath 1 unit is 1 bed 1 bath. How do you determine what the rehab value would be if you have no local comps, any help would be awesome!
Brook G.
Newbie Investor in Greenville, SC (Upstate South Carolina)
Hello BP friends, I am finally ready to begin my journey as a Real Estate Investor! I am interested in utilizing the BRRRR strategy and currently at a stage where I am building my “Core Four” and calling on all Deal ...