I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
2...
Hello everyone,
I would greatly appreciate any feedback. I used the excel spreadsheet template from another thread in this deals section. I'm looking at making an offer on a 4-plex in Great Falls, Montana w...
I have a feeling the guy is just trying to low ball me into making no money off of this deal, or he may be telling the truth.
This is a wholesale deal
ARV = 34,500 (at least it's what I see in recent comps excluding ...
I recently closed on a 14 unit MF property in Central NC. I was able to get it at a fairly low basis and it appraised well above the contract price.I have spoken to brokers that have told me if they being me an offer ...
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...
Hi I am aware the process of doing such varies from city to city. I am in the city of san diego and have spoken to the city, they told me to talk to my realtor the sold us the duplexes and but my realtor is not sure. ...
I own a rental townhouse that is governed by an HOA (yes, I know many people don’t like to buy houses in HOA communities, but where I live there is little choice).When I purchased the home almost 4.5 years ago, the pr...
How do Chapter 13 or Chapter 7 effect a note you have purchased or about to purchase? What are the opportunities and procedures necessary to take advantage?Thanks in Advance
I am considering renting out my primary residence. It was a VA loan and at the end of October I will have been here one year. Which means I can move out and rent. I have a friend who owns multiple properties and rents...