Looking to invest out of state (LTR)….how do you go about finding data on the city, the only thing I can think of is census data…I’m looking for employment data, household income, job growth, things of that nature to ...
Hello,I have worked on finding a new tenant for my rental during the past 3 weeks (after getting notice). Two years ago it rented very easily with just one open house. These year's ad drew a lot of attention. I had a ...
I’m stationed near Seattle and I’m finally ready for my first fix and flip deal. Now that the virus outrage is happening.. I’m second guessing myself and thinking I should wait. Any thoughts?
Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
Hey guys,I am an investor from abroad. Looking into buying properties to rent it. What kind of rates can be found in the market these days?Average rates. Trying to understand when an offer is fair or not and trying to...
I have been wishing and dreaming about getting into real estate for quite some time. So I began reading and learning as much on here as possible. One day I felt ready, and this culminated with an offer on a foreclosed...
When I am doing the numbers for a potential deal, how do I go about finding all of the necessary carrying costs to plug into the flipping calculator? I know that property tax is easily found, but how do I go about fin...
Howdy!I’ve been following the BP blog and podcasts for a while but this is my first forum post - excited to meet everyone! I’m a relatively new investor currently living in Millbrae, CA. Been in the Bay Area ~7 years....
Hello everyone,
Historically I'm a BRRRR investor. I've recently encountered an interesting scenario that I hadn't considered before.
All following numbers are approximations and exclude any tax implications:
I've...
If I found a property that was priced at say 1m and had a 12% cap and a DSR of 1.5 (I don't even know if I can make those numbers add up- but bear with me). Then I find a bank that looks for a minimum of 8% and 1.2. ...