I've already been a member but I have not been on the site for a while. I am a disabled veteran and a retired nurse of 20 years. I'm tired of sitting on the sidelines. I plan to invest in small multi-family units. I w...
Hi,Here is the story. This house has been on the market for over 2 years. Its a cute little house that always pops up in my searches. I've only seen the outside of the house. Last year they were asking $85,000. Now th...
Are there any BPers here that specialize in fixing/updating homes for rental, filling it with a tenant, and [i]then selling the home as an investment property based on cashflow and cap rate?
Seems like an interesting...
Hello all, my partner and I are getting started in wholesaling and we are having a tough time creating efficient yet extremely motivated lists of sellers. We are also unsure on what method of marketing we should use. ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Long Beach.
Purchase price: $1,195,000
Cash invested: $315,000
A 6 unit 1960's build. All 1 bed 1 bath units. At the time o...
Investment Info:
Single-family residence private money loan investment in Memphis.
Purchase price: $125,000
Sale price: $125,000
This is a private loan I provided to a family who owned two townhouses...
Hey all,I am acquiring a property with a bit of an issue and I'm not sure how to proceed. This may be a question for an attorney, but I thought I'd address it here for posterity.The property has been occupied for abou...
Hello everyone,
Has anyone everyone requested and negotiated with a seller to be the lender? I've heard of this before but would like to understand the approach if it's even viable. What are the steps you took? And d...
House flipping relies on very quick turnaround times. The best work in the world won’t make you a dime if your holding costs eat away at your profits. Not to mention, the longer your cash is tied up in the flip, the l...
Question on commercial multifamily valuation...When I analyze deals, I include Reserves (10%, set aside for CapEx) in the Operating Expenses, which means it is a part of my NOI calculation. That's how I do it internal...