I am analyzing a potential deal in a B neighborhood. It is a 30-year old four-plex with the asking price of $415,000, NOI of $29,000, putting the property at 6.99% cap rate, cash on cash return is around 10%. There is...
Hi. Can anyone help. im new investor i was tired of sitting around so i jumped right in and bought rehab prop for 10k. looked like a good deal at the time in march 2006. finished work on gutting and rehabbing propert...
Hello
I am new first post.
I work for a man by the hour for over twelve years I get $15 per hour use own tools
So far this week I have saved him several thousand in materials,today it was at least2250/2300 on t...
Whats up BP fam,I just got off the phone with a owner of a house I found while driving for dollars. She says she wants to sell but she is afraid of paying capital gains taxes because she was killed by them when sellin...
Hello BP family. I'm working on my first deal after about 3 months of marketing, and need some advice on whether it is worthwhile. This lead in particular was generated via my high equity absentee owners list (500 ...
So I have a raw land deal to wholesale. It is 17 acres of undeveloped land in a small rural area outside of Birmingham, AL. This particular property is land locked. The surrounding properties were all family owned and...
Hello All -
I am at a crossroads and wanted to get your opinions…
My situation: I graduated 3 years ago with $65,000 in student loan debt and have since narrowed that down to $35,000. I'm sick and tired...
Ok guys here is the rundown.
(2) buildings of 12 units are built. 6 over 6 plan about 900 sf each unit. 2br 1ba all units are identical. Of the 24 units that are built 8 need carpet and cleanup to be move in ready.
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Does anyone have any?I am trying to think of ways to raise money for a down payment to break into the REI world, and my wife and I have been kicking around some ideas. This would be in addition to our full time jobs w...
For those who have hired PMs or had to train their own PM, please talk me off the ledge (or push me over)... I just found out yesterday that 3 of 25 units have not paid April rent yet (and I found out on my own). My...