Jon K.
Partnering with a seller to flip their house
I know some other investors who have done this before and recently talked to two sellers where such an arrangement may make sense. Essentially, the owner moves out and gives me control of the house. I use my knowledge...
Jan Schwoebel
Help me review my deal
I found a "deal" on the MLS the other day and ran the numbers. Let me provide some context:DuplexEach unit is a 2bd 1.5 baCurrently rented for $850 & $900The current asking price on the property is $235k, might be...
Jayson Z.
Inheriting a Property: Rent or Sell?
I'm just starting this path towards real estate investing and already I'm faced with a huge decision to make: do I rent out the family home that I'm inheriting from my grandfather (after I buy out his two kids) or do ...
Elin Trinh
3.5% Down Payment Mortgage Insurance
Hi! Several times in the BP podcasts they talk about putting down a 3.5% down payment. When I run the numbers for a property and enter a 3.5% down payment it adds a mortgage insurance fee. They don't talk about mo...
Katie Moynihan
How much capital is needed to buy an apartment building?
I currently have two renal properties a multi family and a single family and am interested in expanding to something larger. I’m wondering how much liquid capital is needed to purchase an apartment building. I would b...
John Zevenbergen
Replacement Cost vs ACV
I am looking at a foreclosure property listed at 50k and assessed around 85k. I requested a quote from an agent and he came back at almost 1, 000 / yr. This seemed high to me. Quote was from Northstar.
The agent sai...
Katlynn Teague
Common Mistakes to Avoid in Fix and Flip Investing
Fix and flip real estate investing can be lucrative, but it's not without risks and challenges. Understanding and avoiding common mistakes can significantly increase your chances of success. Here are some key points t...
Ken Latchers
Arbitrage... the right way
you buy an investment property with 15 year inv mortgage with 20% down. Your analysis shows that you could reasonably gross $1,000 a month long-term. You could gross 2200 a month short-term. In other words, owning a ...
Vikas Raoot
Killeen Texas four-plex trends
I am looking into some of the four-plex properties listed on mls in Killeen Texas and it seems based on the rent rolls provided for some of themthey are following the 1% rule. However I wanted to know from folks famil...
Anne Keenan
6th Investment property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $190,000
Cash invested: $45,000
4 unit with out of town landlord being mismanaged by property management com...