Lucas Duce
Property Taxes Increase after Purchase?
Hello BP community,I have been receiving conflicting information on how to estimate the property taxes during my number analysis. My concern is if a property has significant appreciation since the last time is was as...
Johanne P.
Multifamily Investment Cap Rate Question
Multifamily triplex selling price 1.2M, Monthly Rent for all 3 units 4,050. I got a cap rate of 3 (C Building) is this correct or am I doing something wrong?
Samuel D White
Mentorship or Advising - Real Eatate Empire
Sam here. 28. Located in San Diego, California. I currently Work in real estate, and also a business owner. Dropped out of law school after year 1, because I didn’t want to go into an intense amount of debt and law is...
George Kratee
Wholesaling a duplex (New Investors)
(New Investor) Hello, I’m meeting with an individual who would like to sell his 4 unit duplex and is currently living in one of the unit. The individual would like to workout a contract to where he gets to stay in one...
Account Closed
Reducing from a 5 unit “Commercial” to a 4 unit.
We own a 5 unit ‘commercial’ apartment building. we have recently moved into it after owning it for the past two years. Now that we are here, we are considering “drying up” one of the units to make it a 4 unit with...
Account Closed
Can someone explain underwriting in detail?
What exactly is underwriting? What is the purpose of having an underwriter? Is it something you have to have when purchasing a property and why?
Account Closed
Questions About Overall Cost Of Building New House in Connecticut
I live in Greenwich, CT and own the house next door to me. It’s a rental, and my partner and I use it as an extra income. Next summer (around July, 2020), we plan on putting the property up for sale. The house itself ...
Andrew Saquing
Help me analyze this fourplex!
Hi everyone! Thank you in advance for your help. I am very new to investing so any criticism is appreciated. I will be a first time homebuyer trying to qualify for the FHA loan putting 3.5% down
Property is a fourp...
Bryan Hancock
So Is BP Better or Worse Now Versus Two Years Ago?
I PMed one of the long-time BP members several weeks ago that was complaining about "certain members" increasing their post count. He mentioned that he didn't post as much now because of the involvement of these new ...
John Hanson
Comparing Mortgages
How do you compare one mortgage to another?
-Assume both mortgages are 15-year, conventional, fixed rate mortgages.
-Assume both mortgages will not be paid off early.
In this case, isn't APR the only thing that m...