Hello everyone! New to the BP forum but definitely not new to BP! I just graduated college and am ready to buy my first investment property in Northern NJ. I am pre-approved and ready to go. I have been making offers ...
In Florida, if a property is listed for 170k, but when you check it out with a realtor the property needs work, and let's say it needs 10k work, so the correct offer price is 160k. If the realtor knows this from her/h...
I have been trying to practice analyzing deals around the Kansas City area and I found some I thought were good deals, but I want to make sure I'm doing it correctly and using the right numbers. Is there a good way to...
Hey all - really appreciate the feedback on my first post. Since then, I've determined that I'm going to forgo the live-in property (not by choice, necessarily) and shoot for a pure investment property.With that said,...
Does anybody think Historic West End will cap at soon PPSF or do you think the prices will keep rising? If you think they will keep rising what do you think the cap will be PPSF? I am looking at a house that would wor...
I am a head and neck surgeon working in the Bay Area. My experience in real estate has been owning/selling a starter-condo in Chicago, a purchase of single family home in California, and a lifelong interest in real es...
To my understanding, working with multiple agents seems to be frowned upon in the real estate realm. With that being said, I have a couple questions regarding the process: 1. What sort of qualifications should the rea...
Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
Details.
1 rental property great renters, they are interested in buying it one day.
2. I owe 90k on original 100k loan @ 5% =$535 or $735 (payment + tax + insurance )
3. Currently rents for $8...
I would love to hear from others how their short term rental management commissions are set up. The manager for my short term rental charges 30% of gross revenue. However, they include municipal taxes and fees as part...