Willny Guifarro
Question about Fifth Ward, Houston Market
Hey fellow BP members,
I'd like some advice on a wholesale deal I just got under contract.
What exactly are landlords in this area going after in terms of cap rate ?
I have a Quadplex in this area under contract an...
Michael Zagorsky
Hi-I'm new Here!--Evaluating Current Birmingham, Al Income Property and Investing in Brevard County, FL.
Hello everyone. I wanted to introduce myself and ask a few questions. I'm Mike and I currently live in West Melbourne, FL (Brevard County)Prior to moving to Melbourne, FL (Where we own a single family home), my wife...
Mike Komenda
Flip property turned principal residence? tax considerations
Thinking out loud a bit here but there is no better place to do it. My wife and I are at the in between stage of our careers where our salaries are going to more than double in the next 4 years.
My family has...
Cassidy Burns
Roanoke & Salem, VA
Hi BP,I have really been studying the Roanoke and Salem Virginia markets and it seems to have good values and the numbers work. Does anybody have any input on which neighborhoods to avoid? Which neighborhoods seem t...
Russell Brazil
What Ratio Do You Use In Baltimore City?
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
Rudy Planter
Manchester NH Price To Rent
Finally relocating within the next two months and considering hacking a MFH. I have been analyzing properties and listening to local investors, specifically about sold prices for small multis given the the below aver...
Brooks Rembert
How Hard and Fast is the 1% Rule if You Get Seller FInancing
I have a lead from a landlord who is currently looking to offload some properties. Long story short, desirable neighborhood, nice home, free and clear. It'll rent for $2,200-$2,300 per month with no problem, but is go...
Shannon Persha
Potential offer for first duplex purchase
New investor in the Milwaukee area market. We are very interested in a duplex in the Milwaukee area. List price = $149,000; seller claims she has a cash offer of $130,000 and said she'd accept $140,000 from us (conv...
Account Closed
Helping a friend in Tampa
I've been on BP for about 5 months, reading and listening like crazy. Unfortunately my primary home has given a few hits to my reserves recently so I'm in the process of saving again for a down payment on an investmen...
Paul Brockland
Dutchtown neighborhood thoughts
Hello BP St. Louis, My wife and I currently invest in South City and Dog Town and we were looking at different areas of St. Louis. We've seen some properties in Dutchtown that have some cash flow potential but we're i...