Good Morning Everyone,My name is Adam Eckhoff, commercial real estate appraiser in New Jersey. I'm considering investing in cash-flowing properties out of state. For example, lets choose Ohio. I see multiple propertie...
I find it interesting that the median household income in the U.S. in 1974 was 11,100 and was 74,580 in 2022. That is about a 670% increase in income over the roughly fifty years. The median home price was 34,200 in 1...
Hi all I have a question about solar panels. Do they add value to your home. Also if a lot of houses in my area are starting to convert to solar would it be a smart move to jump on the band wagon. Thanks I appreciate...
I just closed on this 3 bed 1 1/2 bath 1152 sq ft house in Chapel Hill NC. Found it on the MLS listed for $125K. I offered $107,500 thinking that that was a really good lowball offer and they said yes! Comps around th...
Ok so I think I finally found an ok deal to get my feet wet. Here are the numbers:
Purchase price: $71,000.
Monthly gross rents using conservative rental rates for the area (potential, currently vacant): $1600.
Rehab...
This is always a looming question prior to any elections. What will happen in real estate? Will prices continue to slowly rise as they are doing now? Or will prices stagnate or go down?
Please share your opinion on t...
Hey everybody, I've been following a multifamily property in a city on the outskirts of Tampa, FL. I First saw it when it was priced at $950k. It has recently dropped to $660k. It is 24 Units (2 buildings) which are ...
So you've got some tools and an eye for design, and you want to put your skills to the test in one of real estate's hottest trends: flipping houses. There's a lot of information out there to help get you started, from...
I have spent the past 6 months or so educating myself on REI as much as possible primarily here on BP by listening to countless podcasts, posting tons on the forums, analyzing hypothetical deals, networking with ot...
Hello BP family, hope all is well with you and y'all families with this self-quarantine? I'm still learning how to analyze deals for CRE multi- families units. Wanted to see if I analyzed this deal right? I live in S...