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Hi BP Community, I have a triplex under contract that I'd like your help in analyzing. I have experience with single family homes, but none with multifamily.The contract price is 215k. Rent between the three units i...
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Hello,
I bumped into a lady today and she said she runs an REICLUB in DFW. I asked her what her response rate is for direct mail. She said that if she does a 1,000 postcards she would get maybe 2-3 calls.
Those n...
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I'm looking at a 2 unit student rental in southern Ontario, Canada. Asking price of $300,000. Been on the market for only 7 days. 1 fully renovated 1 bedroom unit, the other unit has 7 bedrooms with 2 bathrooms &am...
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Hi, I am a 23-year-old newbie to REI originally from Chicago, Illinois. I currently work and reside in the Orlando, FL area (specifically Kissimmee). I had previously read a lot about FIRE (financial independence and ...
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Hi BP,This is my very first post here :) We need some advice with one of our rental properties. It was not the best investment, (bought in 2007 during peak), the property is barely cash flowing. $76 monthly cash flow,...
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Hello BPI'm a newbie looking to do my first deal. I have someone looking to sell me an off market property and they are willing to carry the note. They are moving and already have a new home purchased out of state.T...
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Hello guys,I am new real estate agent, and I found this off market multifamily listing in Brooklyn, NY. I think it has a great potential if I can find a someone to help me run the numbers and explain it to me. After ...
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I am seking advise on rather or not to sell a one of my rental properties which has a strong cash flow I would love to hear opnionions of my fellow investors. Background: House is currently leased as a section 8 renta...
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I'm planning on making a bid on a Wells Fargo REO (listed on the MLS). Records show WF paid $137,500 in 4/17 and it is now listed at $65k. Since the comps in the neighborhood are $140-$200k, the listing agent is expec...
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I started my first direct mail campaign and got my first response. The last week or so I had a few "scripts" for the initial interview I had been practicing with but one of the first questions I was asked was "how did...