M Ness
Feedback on First Deal
After a lot of researching, reading, and planning, I'm getting closer to purchasing my first property. The goal is to buy a cashflow rental condo unit. I settled on a condo unit for a few reasons: in my target town, a...
John Sherwood
4 Plex... focus on cash flow, cash on cash, cap rate???
Hello Bigger Pockets brain trust,
I'm looking at a 4 plex... cash flow looks decent, ~$120/door. Cash on cash looks like it would be about 9.5% (Brandon Turner talks about trying to get 12%), and Cap Rate is looking ...
Rafael Gallardo
Investing Into a Rental Property in Merced, CA w/ ADU
Hey Biggerpockets peeps,I am looking to take on my first investment property EVER. I dont want to be stuck on analysis paralysis so I came here to hopefully get some insight on what I should be looking to expect from ...
Treivor Cashion
Seasoned Investors...what metrics/graphs do you want to see?
Hey guys and gals, So over the past few days I've decided to put my finance and business background to good use and build a financial model from scratch, using a few ideas and pictures I've seen around the internet an...
Vina Real
First BRRRR investment propin Baltimore
Hi everyone! I found this thru the Marketplace from a reputable person. Here's the info:Purchase Price- 60,000Closing Cost-4,000Repairs- 30,000 (he emailed me the full inspection report and had a contractor estimate a...
Mo Sylla
The MAO:What's the real numbers?
In his book " How to Be a Quick Turn Real Estate Entrepreneur in Any Economy" Real Estate guru Ron Legrand claims that your MAO(Most Allowable Offer)shouldn't go above 70% of the ARV(After Repair Value)of a property. ...
David Gamble
Wholesaling subject to Deal
Can I do a subject to deal on a property if the calculated ARV is 317,000 and the owner is 50k behind and my assignment fee 35k is that a reasonable assignment fee? The seller also had 234k left on the property. Any f...
Henry R.
10 UNIT APARTMENT CAP RATE GREAT BUT HIGH FIXED COST HELP!
Hello BP Nation,I would like your thoughts on this please.I took a look at a 10 unit for the first time. It's a brick building built around 1920. It has been rehabbed some time ago has sheet rocked walls, breakers, ca...
Account Closed
Wholesaling small multifamily.
Hi everyone,
I just got a list of about 100 small multifamily properties (ranging from 4-12 units) that I will be sending direct mail on. At this point I'm trying to develop a tool box of techniques that I c...
Laura A.
help! need advice on potential tear down and developer flip
I have an opportunity to buy a lot in FL (with house that needs to be torn down) that can be split into two buildable lots (it hasn't been split yet though). I want to flip/wholesale the lot to a developer.
I know t...