Will Harrison
Buying a property over market value for cash flow
Hello all! Im wondering what are your thoughts on buying a property for cash flow when the seller wants more than what current market value is?
Eliot M.
Mobile Home Park Valuation once and for all
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Kyle Jenkins
Seeking advice on basic tax strategy
I currently have a condo in connecticut that i will be renting out in august. I am moving to a single family in texas. I am looking for advice on taxes from the basics. With this property going up for rent what are ta...
John Davis
borrowing in this market
I am seeking funds, not necessarily "hard", but would like opinions. I renovate older houses and the business has been better than anything I have ever done. I have 10 rentals now and the market here in Shreveport
lou...
Holly Hollister
Atlanta – In Town or Way-Out Burbs?
We have 4 single family properties in town, and are in the process of looking to purchase our 5th property. However we are having trouble determining a strategy – we go back and forth between in-town lower income neig...
Blair G.
What should property mgt cost on a 32 unit/annually
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
Amy E.
Class C and Section 8 Tips?
Does anyone have tips for finding tenants for class C and/or Section 8 rentals?Background: I bought two houses last year in a Class C- neighborhood and quickly rented them out. One to a Section 8 (50% rent covered, h...
Melinda Smith
Newbie from Dallas, TX
Hi, everyone! My name is Melinda, and I'm from the DFW area. I'm a newbie on this site as well as a newbie in real estate. I'm not a newbie in owning my own business, as I've owned 2 businesses in the last 10 years...
Keithq Rueter
General Contractor
Hello Everyone, this is my first post and I am very impressed with the knowledge and expertise of the BP members. I am a newbie in the DFW marketplace and need to secure a competent and trustworthy contractor that...
Martin S.
New construction, 10 hours away
I fell in love with a particular state, which I drove by on my way to Florida from NYC. I was looking at some bank owned foreclosures, which were ok but not great, and then I decided to drive into a new constuction...