Scott Richards
Hello everyone, newbie here.
Hello everyone, my name is Scott and I'm from the Chicagoland area. I'm a combat veteran who would like to use the VA loan for a multiplex if I can find the right deal. I've joined BP recently, but figured now was...
Eric Schaaf
A Quick House Hacking Question
Hello!I am new to real estate and I am currently saving up for a down payment on a small multifamily to house-hack for a year or two. I am having an issue though, and perhaps it is just that at the time, there are no ...
Powell Chee
How much to refi?
Hello BP,I have a situation and I wanted to see what people suggest. I recently purchased an out of state rental property for $94k, which includes closing costs. In my original projections after doing a refi I was p...
Yousef Reda
GOOD DEAL? Please TELL ME BEFORE I INVEST!
Okay location is in a small CITY!, however looking at the microeconomics and the city seems to be appreciating slowly per year. The vacansy rate is around 2-5% over the last 3 years. Here is the numbers.Rooms: 6 bedr...
Jeff L.
What's your criteria for Cash Flow or cash-on-cash ROI?
I'd like to get a survey going.When evaluating houses, what's your criteria for:1) Cash flow per door (e.g. $100)2) Cash-on-cash return on investment (e.g. 12%)3) Do you only use one metric or both? Does a house have ...
Stephen Asherson
Cash-flow from small apartment investments
Hi guys, love the site and all the info/resources/help that is available here.Short summary of my situation:- Complete beginner with real estate. Only just starting to learn about what is involved.- Looking at small (...
Account Closed
Investor's Secret on Selecting Where to Invest - Best Places
Today's Phoenix newspaper had the following article - The point being that when you invest for cash flow it is a good idea to find communities where "normal people" can afford the rent & can afford to buy. Whether...
Joseph Sangimino
How to underwrite an apartment building that's unoccupied?
All, I need some advice from the community. I'm in the early stages of analyzing an apartment complex for sale in my target area. It's currently unoccupied so I'm at a loss as to how to underwrite it properly. It may ...
Kris Martinez
Experience working with a Holton Wise Realtor, Cleveland, OH
I wanted to share my experiences working with Federico Gutierrez from Holton Wise. My disclaimer: this post is about Federico Gutierrez and his professionalism and my experience working with him. I will update this po...
Tommy Vise
Mobile Home Park, Deal Or Not?
I have an owner who is looking to get out of her Mobile Home Park.She has NO Rent Roll or contracts that the tenants are on, just month to month agreements. Let me give you the numbers:19 Lots17 Occupied 7 park owned...