Hi guys! As someone who's grown up in the STL area, and now live in California.. I was curious on everyone's thoughts on STL as a market as a whole. I've done pretty well with some flips and rentals there but was curi...
Short and the sweet story, My contractor goes to my flip today to find the locks changed and lockbox on the back door. I own it free and clear. Taxes are paid. I even checked the county database I still own it! HEHE.....
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
I just got off the phone with my first seller and his wife was highly upset that I knew they weren't living in the subject property and that I had their out of state address and wanted to know how I got it. I told ...
Hey everyone, just recently got rejected on our offer my wife and I made on a duplex. Their listing agent stated "this is probably the worst offer I have received in 25 years". Was I really that off in my numbers or d...
Hello,I am currently looking to invest in my first multi family apartment. I found a fourplex in Union City, NJ. Each unit has 2 bedroom and 1 bathroom. I would love to get some feedback on the deal. I am going to fin...
Hi guys, Another question! I'm in California- where I hear has the WORST landlord friendly laws. It sounds miserable. If anyone has any horror stories, please share! even though it will probably scare me and add to my...
Existing rental property rehab, buy-and-hold guy wanting to get into flipping. I'm an BP podcast graduate. I keep hearing the advice to focus on finding the good deals and then the money will come.
Question...
I'm looking to purchase a townhome alone for $600,000. I plan to do house hacking by renting out spare bedrooms to reduce my living expenses. I aim to apply for FHA loan with a down payment of around 5%
My Informatio...
Hi, Hopefully posting this to the right forum category.i did an inspection today on a commercial property consisting of 2 office buildings (4 tenants in one building and 1 tenant in the other with one vacancy) and a r...