These days, you can't stay on BP for more than 5 minutes without seeing a thread about investing OOS in Memphis...It is absolutely becoming the new Las Vegas, in my opinion...When the music stops, and it will and it a...
As a broker in California and in Kentucky, it's mind-blowing that cap rates are as low as 2 or 3 in CA and yet investors hold on to these when they could sell them and by 10 times the units in KY with strong cash flow!
Hey BP folks! Been doing more research on the STR and have discovered about 20 STR markets. However, basically all these markets have very high median home prices or they are oversaturated. Im wondering at this point,...
My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
As a BP binge listener, investor and agent, I'm curious why smaller areas of Kentucky are not receiving focus with their low land costs, & lower entry points? Ohio & Michigan were recently highlighted in the r...
Hello All,I'm looking into selling a condo and rolling the equity into a new investment SFR here in San Diego. The second phase of the plan is to build an ADU. I've reviewed the ADU rules on some of the different city...
I used to think that most investors purchasing mortgage notes were clueless as to the mechanics of how it worked. I now see that lack of knowledge is nothing compared to the cluelessness of investors who purchase tax...
So Im going to assume this has been asked a million times, but I was just struggling to figure out the ARV and the costs.I have knowledge on what and how much X should cost and stuff, but when people explain calculat...
I am currently looking into a class c 13 unit apartment made up of (6) efficiencies, (4) 1bdrms, and (3) 2bdrms. Currently all bills are paid which creates a huge amount of overhead. If I could cut that overhead out t...