Hi all, am Eric and i live in Kampala, Uganda (East Africa). I am truly passionate about Real Estate and i have read so many books concerning the subject. Well, I am amazed by the facts and the strategies that i am se...
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Last year I had about $60k in legal fees, which I classified as a business expense. Should I have capitalized the $60k (or a part of the $60k)? I sold the land related to the legal-fees/lawsuit and am now going to hav...
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As a class C multifamily owner/operator, my company often buys properties where crimes (from petty theft to murder) have occurred. I want to do *everything* in my power to scrub the internet of negative information re...
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I currently own two properties. Let me break it down, Property 1: appraised 4 years ago at $110,000. Financing is 15 year conventional 4.375. $55,000 Currently rented at $850.00. This was a complete rehab. Property 2...
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When analyzing a single or multifamily property using the BP calculator, what are the most important factors to consider? is it the ROI? is it the cashflow? or is it the 2% rule. I've practice how to best analyze a de...
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New to real estate investing, and looking to purchase two homes this year.While waking a nearby neighborhood, I talked to a neighbor that gave me a tip on a empty house. He gave me insight that the house has been vaca...
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Hi All,I'm new to the community and have been learning everything as much as possible before starting the business.Currently I have been practicing deal analysis and I realized two of the biggest challenges (maybe jus...
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Hey y'all, hope this is finding everyone in good health and good fortunes.
So I've been practicing analyzing deals, reading books, but I want to make sure one of the foundations I'm building upon is right: my buying ...
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I added renovation into the loan since id like to get my fha loan to cover that if possible. that is a FHA 203k loan I think. the property is actually listed at about 109,000. I am not sure if 20,000 in renovation cou...
Hello bp community Just looking for some advice. I live in California and I’m looking to buy right now, prices are a little high at the moment. Anyone know if the real estate market is going to crash again because of ...