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...
How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
I ask because one of our partners is meeting with a capital investor that has $1 million he is looking to deploy in some type of RE investment. The investor is a developer but can't find any suitable development proj...
Hello BP,Before I go into the deal specifics I feel like I have to justify WHY I am choosing to invest in San Diego. Essentially it all boils down to my current situation. I am a first time buyer, Navy veteran current...
We may be witnessing the largest financial collapse in centuries. Take a step back and look at what is happening:
ï‚· Subprime meltdown
ï‚· Housing bubble
ï‚· Foreclosure crisis
ï‚· Bear Stearns collapse
ï‚· Country...
Even though Net Present Value is used mainly in financial management I think it is probably the best ratio/calculation for analyzing a real estate deal. Unfortunately in Real Estate Analysis people usually use mainly ...
We have a few single family homes in Kansas City, in a nicer, brand new neighborhood (built 2022). When we initially bought the homes we were able to lease for $2800-$3200/ month. However we have struggled to rent the...
I've been really intrigued by the Des Moines are real estate market for some time now. Cap rates look great, crime is low, and the city itself seems to be booming as of late. Seems like a great market for cash flow t...
Hi, BP friends! I'm looking to invest in a multi-family property (BRRR) in upstate NY, and have been exploring Newburgh, Kingston, Cornwall-on-Hudson, Coldspring, Beacon, and Poughkeepsie.I'm new to this area - does a...
Hi all,I am a rookie investor, have been managing my duplex for 1.5 yrs. However, recently have been assigned out of the US for work and I'm not able to keep up with managing it while out of country.Other investors in...