How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
Hey folks! I was wondering if anyone has a little more info on how you can effectively use 401k funds to purchase my first property. On the podcast they discussed a self directed IRA and it definitely peaked my intere...
Hey All,
Wanted to provide a quick glossary of key terms relevant to Real Estate Syndication deals and their definitions. These are important to understand when evaluating the high level details of a syndication dea...
Im looking to flip around socal. I was wondering what are peoples average profit margins here? How much are you making per flip? Does the 70% rule apply to here? How competitive is it finding distressed properties ? H...
Hi All,How do you present a deal to an investor with the goal of being compensated for it when it closes via an Acquisition Fee? If I find a deal, but don't have capital to bring in and instead work on underwriting, d...
Hello all,
I’m looking to purchase a first rental property. Does anyone have experience or knowledge of Roofstock? Is this the way to go for first purchase? Thanks!
My wife and I purchased a rental property in 2018 for $153k. It currently rents for $1800/month and we enjoy the positive cash flow as well as the market appreciation (~$245k).We want to purchase our second property a...
Hi BP community! I am ready to buy a double+ in Lakewood Ohio, but it seems that out of pocket ROI seems low (~5-6%) and I am curious what others are estimating as expenses. The houses are all about 100 years old so I...
Good Day All!
First off, I am new to both this site, and investing. I have some ambitions that some might consider lofty, but I've finally snapped out of the rat race mentality, and did so at the ripe age of 39... So...
I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?