BW Miller
[Calc Review] Help me analyze this deal in West Chester PA
Hi - completely new to the game of rental real estate. Although I'm not targeting this particular area or home type, I'm looking into it because I have an angle on the homeowner. However, I can't make these numbers wo...
Victoria S.
Appraisal came out 20k lower
We are under contract for a 4plex. The cash on cash comes out at 13%, taking into account vacancies, maintenance, HOA ect (I used very conservative numbers). The appraisal came back at 20k lower than the purchase pric...
Brian Zaug
Section 8 is now a protected class in NY
My agent just emailed me this news. "Lawful source of income" is now a protected class. Just a heads up to NY investors. I could see a lot of discrimination lawsuits because if this. My local craigslist is loaded...
Rachel Damaral
Whats the next step advice?
I recently got approved for private funding. My partner and I are looking at an 8 unit in Jacksonville, Florida. We’re newbies and need some advice on the next steps to take. Contact the listing agent? Send an LOI? Wa...
Jared Smith
Analyzing a deal on my first rental
Would love some feedback on a property I just put an offer on:$130000 price tagPutting 25% downTaxes are $1676Has an adjacent dwelling on it so the total gross rent income is $1450Property Manager is charging me 10%. ...
Kristopher Kyzar
[Calc Review] Help me analyze this deal
I'm looking at this potential investment in a Duplex. It also has room for improvement in forced appreciation as well as income.View report
*This link comes directly from our calculators, ...
Jarid T. Sox
Tear apart my initial estimating strategy. Help me learn please
This is a bit of a dual post between a new member introduction and starting out. My name is Jarid Sox. I am currently active duty in the USMC but will be transitioning out within the next several months. I have been l...
Joshua Lidberg
Maximizing FHA loan profit.
Since you are able to carry only 1 FHA loan at a time, I thought that it would be reasonable to maximize its potential. I will briefly describe what I am referring to. Through an FHA loan, you are permitted to purchas...
Account Closed
Direct Mail - Follow-up on lead that I will not make an offer on?
Hi Everyone:I have been receiving some leads in response to my direct mail campaign for vacant land. As important as it might be to know what a GOOD deal looks like, I would bet dollars to doughnuts that it is just a...
Curtis Bowery
Is this a good investment?
I am new to the business. I have an opportunity to buy two 10 year old rental houses for $110,000 each. They both appraised for $145,000. They were constructed with 30 year roofs and are solid homes. The renters in th...