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I've found a triplex listed at $78k with a monthly income of $1300. I ran this through BP's rental calculator and 50% rule says it should cash flow about $320, however the tax percentage in my area is just shy of 12% ...
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Detached Rambler built 1965
Asking (MLS Listed): 155K
ARV: ~230K
Comps are based on housed of same square footage with 3 beds. The house in question has only one bed currently. Previous owner knocked down a couple ...
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Hi All - I joined BP with the goal of learning and getting started in real estate. At 53, my goal is to get enough doors to give me the opportunity to "retire" at 60. That involves a lot of work to pay down the existi...
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Hey guys,I know there are a ton of articles on Wholesaling real estate however, what is some insight some actual wholesalers can offer about getting started? Such as some first steps to take to move towards your first...
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Hey BP!
So I am trying to make sure I am calculating this deal correctly. Any help would be greatly appreciated :)
Purchase Price: $1,550,000
Cash to Close: $155,000
Monthly Rent Total (11 units): $11,550 per unit i...
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Hi, I am a wholesaler here in Charlotte NC. I have been fairly successful so far using only direct mail marketing. I want to add something new to supplement direct mail. I have been interested in cold calling. I was t...
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Hello BP community! I currently have a home in which my initial goal 5 years ago when I purchased was to eventually rent it out. In two months I will have the ability to do so as my wife and I recently purchased a ne...
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Hey all, new investor here with 1 deal in the pipeline. this is a deal im in at the moment.
I made an offer an a 3 unit investment property and the seller comes back saying “ I could work with your price however this...
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I am trying to understand the best way to figure out the most accurate way of calculating costs of maintenance and capital expenditures. I am thinking it could be 2% for one and 15% for another by seeing what conditi...
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I'm a homeowner who plans to install a fence on my driveway along my property line to preserve privacy b/c there have been a lot of strangers going in and out of my neighbor's house constantly. I'm concerned. I gave a...