Jesus Sosa
Looking for Private Lending. How could I find one?
Morning BP, currently under contract for two properties, for one bundle price. Price is under market and has great ARV, due to the area. I have attempted to reach hard money lenders, but all require inspections, appra...
Mark Grozen-Smith
Short Term Rental Expense Ratio
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
Patrick Philip
How do large wholesalers assess repair cost?
I just started wholesaling. On a small scale, I can go drive and see the house. This is really the only way to get an accurate assessment of it's condition. But if I ever expand and am sending out 50,000 letters/month...
Erick Caffarello
Seeking agents in Gary/Lake Staion & LaPorte/Michigan City
Good Morning BP:Sometimes real estate transactions happen quickly and easily, sometimes they drag on for months. I'm looking for agents in the Northwest Indiana area, knowledgeable specifically in Gary, Lake Station ...
Mark Barnes
Does the 50% Rule include Property Management Fees
Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
Makenzi Kurvits-Statum
Need advice!!!
So I currently live in Roanoke Virginia, and this upcoming summer I'll be moving to Florida to be with my girlfriend for 2 years as she completes final years of PA school. I was thinking of buying a foreclosed house a...
Jackie Householder
First Timer - Preparing to rent out primary residence in 2 months
Hi Everyone, I am excited to be here, thank you for having me! My Husband and I are about to embark on our first adventure as landlords, renting out our primary residence next February. We have done the math and we be...
John Lee
Critique my analysis on a deal
6 fully occupied duplexes, cap rate 8.5%, tenant pay electric & cable. Room to build a few more duplexesWhat is wrong with my number? If seller said 8.5% cap rate, maybe I put expenses or too high? property tax se...
Kyle Wefler
NJ Rental Property Decision to Sell
Hi All,I'm in a spot with a property in Morristown, NJ. I bought this property as a 2nd flip after a very successful first flip in the Columbus, OH market. This 2nd flip is a whole different story. Its in a great spot...
Christopher Davis
Wholesale deal help
I am working with an extremely motivated owner. I do not have her under contract, but very close. The reason for this post is that the house is scheduled to be demolished. I am working with the county inspector as wel...