Hello allFirst i want to give perhaps a little background on myself:-I'm 22 years old and i have just graduated college with a bachelors degree in mechanical engineering from a university in the metro Detroit area. -T...
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my partner and I have some properties we want to look at, but we haven't established a LLC yet. we were wondering if starting one is even necessary. In what ways does it benefit you? why cant/shouldn't we just go out ...
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Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $73,000
Cash invested: $21,520
Contributors:
Stephanie Jones
Second Turnkey Property OOS...
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Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
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I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...
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I'm a first time investor.
Currently, looking into a fourplex in Bay Area, the rent is 2100, due to the landlord didn't increase rent for past 6 years. If the rent increase to 2400, I can break even, while the pre-c...
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Hello!Looking at purchase a first home but the issue is the homes we’d like to invest into in our area are far too expensive. My fiancé and I are open to investing out of state and are actually in a trip in Texas to c...
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Hi BP Nation,I have always had this argument with folks around me who believe that rent to value ratio is a better metric than ROI for analyzing investment properties. The price-to-rent ratio is the ratio of resident...
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So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
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Hey everyone,
I am needing some guidance on what you guys think about moving forward with a purchase on an investment property. I will be staying at this place 1 week out of the month in a basement that I will be fi...