Minnie Harrigan
Smokies Investing- Looking for some advice from investors
Looking to invest in properties in the Smokey Mountain Area. Just a few questions
1. How do property managers or owners estimate annual revenues? What are the most important factors people are looking ?
2. What fact...
Peter Rowell
BRRRR Tax Lien Deal Analysis Feedback Wanted
Hi Everyone!My wife and I are closing in on a year of our house hack in Albany, and are looking to expand across the river with a BRRRR tax lien deal in Troy. I've been running some numbers and lining up financing thr...
Derek Carroll
How do you prefer to buy your foreclosure?
Pre foreclosure, short sale, at the auction, or REO. And specifically, why?
Phillip Rowe
Is this deal worth it?
Looking for my first rental and had a proposition from a friend trying to get rid of his. It’s a house he owned then turned it into a rental. Comps in the area are in the 175-185k range. He owes 130k but the house nee...
Ibrahim Hughes
Old Mortgage Rep. Won't Release HUD Loan For Reassignment!
Greetings all. I somehow got stuck with one of the worst mortgage reps. in the world. Guy took forever to do basic tasks associated with a buyer's loan I gave him (I'm selling a rehab to a buyer and sent her to him fo...
Gabriel Miritello
Long Distance MF Scaling advice needed
I have 3 SFH rentals and have completed 2 flips that I have purchased or completed full renos on, while being a long distance investor. I have a good SFH system in place in the area that I have completed all my home p...
Mark Hamrock
Inflation Rate of Materials and Labor
Just wanted to see what everyone is using as an inflation rate on materials and labor to calculate for cap ex. A lot of resources I googled say 4-6% for residential but that seems pretty high when you compound it. Loo...
Jason L.
Is this refinance rate too high?
I'm looking to refinance a duplex I have in Saint Petersburg, Florida. I bought the house for $170k using an interest only private loan (I pay $650 in interest per month), and then I put an additional $30k of my own m...
John Humphries
Advice on buying a seller financed property
Hi BP community. I'm looking for some advice on an offer for a buy and hold rental property that I am looking at. It is a single family house in a coastal community in NC. The backstory: I'm from NC but live on Vanco...
Nichole Wall
My first deal...need help figuring out how to analyze...Need feedback
Ok BP friends...I've spent quite some time analyzing this deal. I still have some due diligence to do like go out and take a contractor on the property to see if it needs any fixing up. First question to that...should...