Tamara Batsell
Is $4000 acceptable for Earnest money on a 115K loan?
Reading over Contract for buying a home and amount of earnest money is $4000. Is this a fair amount for a loan of 115K? That is over 3% of loan amount. I'm in Dallas, TXThanks for any feedback.
Nicole Williams
Newbie Question
So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...
DJ Cummins
Biting off more than we can chew? 3 at once to start?
So, we are in the middle of starting to look at some multi-family properties, and our goal is still to buy one in the coming months. 2 friends have also offered us great deals on their personal homes. One was an inh...
Eddie Starr
Study exercise and learning for Notes
Hello, BP. I'm not sure if this is the right place, so mods, please move, if needed.I'm in my education and learning phase, so I'm hoping some members can help enlighten me.For this, I made sure all were NPNs, and all...
Samuel Garrett
BRRRR in Huntsville / Decatur
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $36,000
3/2 1,600+ sqft SFH. Off market deal. Required an extensive remodel.
What ...
Brent Langlinais
Sublet lease question, for medium term rental arbitrage
HI gang, thanks in advance for your insights. I'm a veteran ER travel nurse of 9 years having worked dozens of contracts throughout the country. But the industry has progressively tightened it's belt over the past 12...
Mike Fitzpatrick
Inheriting leases, Locking the thermostat
I am in the process of closing on a 4family that needs some work to the rent roll to be a really profitable. 3 of the 4 units are rented with two on lease thru June and one TAW. The issue is the heat is included in...
Account Closed
Is the Real Estate market really not going to take a hit?
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
Forest K.
Seeking a more accurate CapEx formula
I'm trying to find the best CapEx formula. I know that it can be calculated different ways. I know that the best thing to do is to make actual predictions about expected and predicted expenses rather than use back-of-...
Kate Weinberg
What would you do if you were me?
Hi all,
Looking for advice. I’m a numbers gal and somewhat long time real estate investor (10 years) but this most recent decision has me in analysis paralysis. I’ve always been able to make decisions quickly with re...