Robert Jackson
Duplex for sale, but owner doesn’t have Cap Rate or NOI
How do I go about giving owner an offer for his duplex although he does not have cap rate or NOI for the property. He is motivated to sell the property. I’ve done research but I can’t find any comps to give a price. N...
Gage Green
Estimating Repair Costs
What is everyone doing to estimate rehab costs? I’m new, I’m learning and one thing I haven’t really gotten a grasp on is how to estimate rehab costs. A highly important metric for doing the BRRRR method.
When doing ...
Jeremy Jackson
Triplex deal with seller financing, need analysis
This is not a mls property. Here are the numbers.List price: 60kMonthly expenses:Tax: 100Insurance: 75Vac: 65Maint: 65PM: 130Capex: 65Yard Maint: 65Monthly income from rent: 1300He is offering me seller fina...
Kevin Coggins
STR HOA Rules/General Questions
So I've been looking into potentially investing with the intention of a STR and have come up with a few questions1) is it basically a given that no HOA would allow that (my current doesn't)?1a) If that's not the assum...
Ryan Luby
First Investment: Financing fell through, 2 weeks to close
Bp Community I need some help..I am looking for any specific info/ advice for what I could do.Long story long, I got a pre-approval for over 150k from my bank, then made offers looking for personal investment properti...
Pandu Chimata
2nd home or Investment Property
I am in the process of puchasing an investment property (for short term rentals). How do I underwrite the loan?By the face of it, it's an investment property - where it is going to be rented out and expected to make m...
Amanda Whiteley
How to leave your W2 job tips
Are you one of the lucky ones that has left their W2 job? How did you do it? What is your advice to those who are considering it? What was your “number” you needed to reach before you left your 9-5?
Drop a line and l...
John Ryan
LIS PENDENS
I am trying to understand what this means. I know it is the start of Foreclosure. but, How can I tell what is owed on a property or how much I can buy it for before it goes to into Full foreclosure. I
am looking at D...
Account Closed
How to make 10k a month through rental property?
Hello guys,How can I make 10k a month through rental properties with an investment of 1 million dollar in 1-2 years period. (Without holding any full-time jobs)? How is it possible to make 20k a month in a 3-5 years p...
Cynethia Scott
Cash Investment or wait?
I know that is question has been asked several times but I cannot find the post that I started reading..
To make a long story short. I have about 25K in cash and spoke to a rep at the bank about a loan. They said ba...