I am a new to real estate investing. I found 2 family house being sold as is by a wholesaler.The house needs a lot of work. They are selling it for less than $30,000. How low can I make an offer to this property? You...
That's not what Cap Rate is for. used improperly as a metric of investment return (which it's not), capitalization rate can be highly misleading at best, and potentially flat out wrong!
Hey everyone, i hope I placed this in the correct subforum and I hope its not considered inappropriate for me to ask for a 2nd glance on this analysis. I just want to make sure I have my spreadsheet correctly made. I'...
I am currently living in a home that we own but are looking to move in 3 to 4 years and turn this house into a rental property. That being said, there are a number of improvements we are thing to make to it and I wan...
There is an RV park. It's 0.58 acres and has 8 permanently attached rental units. The options for sale are to sell it as it is, or to sell off the RV's, then sell the land. The land is actually divided into 3 lots, ac...
This is a potential first deal for me.It is a triplex in a C neighborhood/area. It is on the southern boarder of Clinton Township Michigan. The home was built in 1945. Its old, and it seems like it might have structur...
Hello BP worldSo, I've been studying the subject for nearly a year now, including nearly 3 months of pro membership. I was so gunho about leaping into real estate investing. I've studied some of the gurus via guerrill...
Hello!Aspiring first time real estate investor here. I live in the Portland metro area and I am looking at investing into a multifamily, or singlefamily home I can house hack and eventually turn into a rental.
I am hoping some of you people out there in BP Land can help do an analysis on this property. This is the first property I am looking at as I am new to REI.This is a FSBO so this is all the information I have to go o...
I've been doing some research on a condo community near Disney to assess whether it would make a good investment property, so I've been compiling data on the type of condo I'd like to buy and recording their average d...