John Gentile
Am I crazy to do this deal? (First rental property)
Hi BP Community,I'm in the Massachusetts market, south of Boston. I have been looking at Rhode Island for more favorable prices. My wife and I found a 3 family in Providence (east side a couple blocks from Brown Uni...
Account Closed
Does raising the rent on a SFH raise the value?
Let's say a Single Family Home was bought for $100k and rents for $1000 (GMR = 100)a month. If I am able to get $1,200 a month, wouldn't that raise the value of the home to $120k , using the same multiplier?I have hea...
Christopher Giannino
How do lenders handle instant equity?
If you're able to buy a deal where you have instant equity because you bought the property for less than what the appraisal came back at (and I'm talking like $10,000-15,000) how do lenders handle this... Do you get ...
Michael L.
Quick question about comping
When comping properties, would you compare a "cape cod" to a "rancher"? Same sqft in proximity, similarly finished, build age is 6yrs difference. Your thoughts would be plenty helpful!
Kyle Pierrehumbert
First Rental property- when to lower rent?
Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...
Rick L.
Appropriate Cap Ex, Repair/Maintenance, Vacancy Expense Estimates???
In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
Joshua Tikal
In Agent We Trust - How do you know?
My wife and I are just about to make our first offer on a couple of BRRRR properties. We have completed the prep in reviewing comps, using the amazing BP calculators!, walkthroughs with contractors, and reviewing our...
Jake Fahey
Turnkey vs. DIY Deal Hunting
There seems to be a common sentiment that buying turnkey rental properties means you are leaving money on the table. I understand this viewpoint because the turnkey company does have to make money somehow and their pr...
Stephen N.
Question about what to do with sub2 loan
If i take over a loan sub2 that has an interest rate of 7.5%, is there a way for me to negotiate with the bank to reduce the rate?
Account Closed
A method of investment.
This is one way to kind of see the order of it all.
The Professional Investor’s Plan
The art of using high-leveraged activities
Strategy as defined here would be the science of planning and directing exactly how you...