Hi BP, this is my first post. I'm really excited to get started.My wife and I currently own a 2 bdrm condo in Newton, MA that we rent out. I'm only earning $400 cash-flow per month on a $2400 rent payment. We have a l...
Good evening BP!We are negotiating on an offer for a property that is part of an estate. This is a flip opportunity. After going back and forth with price twice we are about $8,000 apart and I am not as comfortable ab...
Hey Y'all,My girlfriend and I moved to Dallas 4 months ago for some great career moves; she now owns a 7-Eleven franchise and I took a new job as a Financial Reporting Mgr at a public company. Now that I've learned a ...
I have a handy spreadsheet that helps me quickly assemble the various numbers (ROIs, cash flows, etc...) involved in assessing a properties potential. When a property's ROI is just shy of my return objective, I often...
I read the guide for first time investor and the rule of thumb for return on renting is 2% which mean if my property is 100 then my monthly return is 2k. I personal think this number is way too out of reach anywhere i...
To RE brokers out there, seeking your consultation. I'm preparing an offer on a SFR in the Seattle area (Eastside) ahead of the offer review date. This will be for my aging parents to move in, and the house has met ma...
Hey BP Family !!I understand how to find the Noi, cap rate, price per door, and purchase price for multifamily. Where I'm getting stumped is knowing how much appreciation you forced from increasing rents and decreasin...
The greater Austin metro area capped off a decade of explosive growth by selling more homes in 2019 than any year on record. According to the latest market report by Austin Board of REALTORS (ABoR), Austin's median ho...
I mainly sell alot of SFRs and Condos and over the last month I have been looking into land sales. Telephone prospecting has been the life blood of my business and I am considering adding vacant lots and raw land list...
I am buying an investment property from a family member for the $125k that they owe on it. The house appraises for $160k so I'm getting a $30k gift of equity to use as a down payment.
The lender is telling me that...