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...
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...
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...
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...
We attended an event that had renowned author, podcaster, and 2000 plus door owner, Rod Khleif. During his presentation, he made a point of why multi-family was so exciting that caught my ear. He spoke about the valua...
I am currently in the process of reviewing a few options for our first rental property purchase and I was wondering what a typical return looks like on financed investments? I have read that the basic rule of thumb is...
I bought a house in Costa Rica, using partially money from my 401k through a covid distribution, which meant I escaped the 10% penalty but still am liable for income tax.I'm 59, and took out approximately $200k. This...
I need a little feedback. This is my formula for running numbers on a property (it's faster than running a million BP reports). We're using a HELOC for our downpayment (that's the G-column), and I'm calculating CapEx,...
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*This link comes directly from our calculators, based on information input by the member who posted.My first time trying to analyze a deal... be gentle. :)I actually really like this property. I've been l...
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...