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Hi,
The point of this message is to try and find out what a good real estate investor does when crunching the numbers before they acquire real estate. Can you please look at what I did below and tell me the pos. and ...
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Please let me know what you think of this deal. It will be my first deal. The house is a multi family building (two flat) located in Chicago - northwest of the city. The listing price is 129,000. I offered 115,000 fo...
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Hello BP people!As you can see, this is my first post and I am new here. I certainly wish I knew about this website earlier on, but better late than never! I recently purchased my first investment property, a 3 family...
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Hello, I’m under contract for my 3rd property, a REO. Its a financing and my lender wants an appraisal. Problem is, we are finding issues in the house. For one, the plumbing froze in a few spots and the lender wants t...
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Hi, I'm currently not a RE investor, but have poked around the forums a bit on occasion. I'm expecting my 2nd child next July. We will move to a slightly larger house soon and I'm trying to decide whether my current ...
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I am somewhat new to investing in real estate and want to know if I am getting good deals. I have purchased 3 houses this year from a wholesaler and think I am getting a good deal but I know my wholesaler is making a...
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Hello BP members,I am thinking of buying a duplex about $120K. CF is about $800/month so awesome right for that a property that low. However, it's not in the best area. Appreciation is not great as I have seen the ...
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Asking price of remodeled duplex: $159,900. I'm assuming we can get the property for around $150,000 (been on the market over a month). It is a 2 bed/2 bath unit (x2) on quiet dead-end street with attached garage o...
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Apparently, I've used the BP calculators too many times in the past and can't use them anymore. I'm really just trying to play with numbers and get some reps in to learn how to analyze properties for when I'm ready to...
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Class C neighborhood, 3 units on the property, one duplex 1 bed 1 bath apt (both are already rented currently), & one 3 bed 1 bath house. Gross rent is expected at $1600-1700 with a purchase price of $70,000 (1st ...