Nick DePrizio
Refi options for a newbie in South Boston
My wife and I own a condo Southie and are currently renting it out while we live in San Francisco. It's Cash Flow positive about $175 a month (which we are putting into principal), Loan was for 328k @ 4.25% and are lo...
Daniel Akerman
$60k Budget (all-in) -- Is Allentown worth it?
I'm a real estate agent in NYC, and looking to invest in MF -- ideally a BRRRR strategy, but straight buy and hold is fine, too. I've been looking at various areas in the country, including Allentown. Total budget (pu...
Scott Nipp
Cash out refi on rental property questions...
We are just getting started and right now we are hoping to land a duplex for WAY under market value. We are hoping to pay cash of about $20k for a property that looks to have a market value of about $75k. Part of th...
Kevin Stein
Submitting multiple offers to seller (3 offer approach)
Hello,I've always been aware that you can structure deals multiple ways, and submit multiple offers to the seller, but it has never completely clicked for me. Could someone give me a real world example of what this l...
Tyson Scheutze
Distress, Diamond Rings, and Driving for Dollars
Lead generation 101…
In my last post, I discussed the 2007 real estate climate in Augusta, GA. In retrospect, it’s obvious that, because it was way too easy to buy, the financial strain was beginning to settle in. At...
Pete Hornstein
Cap ex, repairs, vacancy and PM
when analyzing deals I am using 10, 5, 10 and 12 percent for repairs, cap ex, property management and vacancy rate respectively. These are conservatively high in my area just so I know we can “hit the mark”.Question:...
Todd Moriarty
Anybody read Steve Berges' book about buying apartment buildings?
I have read his book "The Complete Guide to Buying and Selling Apartment Buildings" and I'm creating a spreadsheet using his "Value Play" model. And one of his calculations is confusing me. How does he come up with t...
Justin Park
Impact of rebuild zoning issue on property value
Hi BP, checking in with a question I probably should have asked this forum weeks ago regarding an issue that came up in the appraisal of a two-family university rental I'm under contract on.Appraiser noted that a zoni...
Glen Mauldin
Percentage of Net Worth in Retirement Funds
I know that everyone’s circumstances will vary based on age, risk tolerance and other factors but in general, What is a reasonable percentage of one’s total net worth to have in retirement accounts such as IRA, 401K, ...
Rivy S.
Insurance claim right before sale?
I've got a property that I submitted two vandalization claims for. At the time of the second claim, I received notification that if I file a third non-weather related claim within the next two years, I will lose my c...