Hello BP,We have successfully sent out a small batch of mailers directed to absentee multi-family owners who have had the property for 10 years or longer and were interested in selling. So far, I have received 3 calls...
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
I purchased my first properties off market not too long ago and pretty much made up my own way to evaluate them. Probably not the best decision as a newbie, but I think I did OK. I made a spreadsheet that subtracts ...
I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
Hello BP, Amateur investor here that is looking to buy my first MFR in southern California. I wanted to ask the more experienced investors - is there a formula you use if the property has been listed for some time?For...
Hey All! Curious if anyone has insight or experience with buying a 2-Flat property in Chicago with a finished basement that is not technically a legal unit. My plan would be to live in the basement unit and rent out t...
Hello BP Community,I want to know what would be the best way to start commercial and apartment investing? Would my best bet be to find a mentor and learn from him? or Would I be better off going out and making mistake...
First of all, let me say I am not picking on, or pointing out anyone here, just pointing out some observations.How can a wholesaler from Georgia (or wherever) who has never seen a house in TX or CA, or know those mark...
Hello All! I am Justin Skaggs from Jackson, Ohio. I am fairly new to the REI game and have been fortunate to be able to secure four single family units and a commercial unit that I recently sold after rehab. I am l...
I am a new landlord with 1 single family residence in Houston, TX which was built in 2005. I just had some maintenance & repairs done to the house:- $220 to replace A/C drain pan and overflow plug.- $85 for a "S...