i know loopnet isnt going to have any good deals, im just using it to practice analyzing properties.Once i find out the Income and expenses, i get the NOI by using the 50% rule.Next i get the cap rate right? So this...
Good morning BP, I wanted to share our first deal(s) as a brand new company.I recently started a partnership LLC with two people I have known my whole life. I have been on a real estate high ever since I bought my fi...
Ok everyone so I have some questions regarding approaching individuals in the pre-foreclosure (NOD) or (NTS) stages. I’ve been in mortgage banking for quite some time now and have many past clients who have had their ...
Hello all, I know there's a lot on here I've filtered through on raising rent. I have a strong pulse on the laws in my state and understanding the rules on raising rent (no rent control) That said, I could really use...
I am in Lancaster Pennsylvania! I am looking to borrow some private money and I have couple people that want to land me money. Can someone please explain the legal process so I do everything right? thank you!
Hello everyone. I'm currently working on a subject to deal in South Florida. The sellers are very distressed and just want out. They are in the process of loan modification and are already 2 months behind in the...
Over 7 years ago I purchase my SFH (a REO) with an FHA Loan and a 3.5% Interest Rate. We consistently made extra payments towards the Principal and currently (due the high jump in prices recently) our house is worth m...
Hi!I work remotely in IT. I'm fairly new to REI. My goal is to continue to purchase properties and build wealth. My wife and I recently moved from GA to CO almost a year ago. We purchased a home here in CO near Fairpl...
New to multi family investing and just curious how you go about calculating your ARV of a 6 unit specifically. I have a deal with great value add opportunity, but I'm not sure how to calculate it to figure out what my...
Looking into buying our first park. What are the pros and cons from park owned homes vs tenant owned homes (not sure if that's the correct terminology). We have primarily been in the commercial building space but th...