Doug Johnson
Low Ball Offer Advice
BP,
How would you recommend putting together a fair offer? Check out the below example:Value = NOI / Cap Rate2019Value = $35,350/ 8.40%Value - $35,350/ 0.0840Value = $420,833.33Is this a correct way to analyze the ...
Van Johnson
Gut Job Fix and Flips
What’s going on out there? I wanted to get some feedback and thoughts on a recent deal I have under contract. I’m an investor in the Central Arkansas market currently making my first flip happen. I believe I got a pre...
Garrett Tierney
4-unit, First-time, Fixer-upper, House-Hack!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Joliet.
Purchase price: $245,000
Cash invested: $11,485
As a first time homebuyer, first time investor, my first deal was ...
Taylor White
General ROI on storage units
Looking to get a general consensus on ROI for building new storage units. Looking at the prefab kits, 100-120 units. Understanding that it this is different the state by state, but interested to hear the pros and cons...
Chris Iley
Metro Detroit Flip w/ pics $700 invested 105k profit
Investment Info:
Single family home in metro Detroit
Purchase price: $121,000
Rehab Costs: $45,000
Cash invested out of pocket: $700
This was my very first flip! I did 95% of the rehab and I'm really thankfu...
Elias Parisca
SFR Expenses in San Antonio
Hi All, I'm looking to BRRRR properties in San Antonio and could use some guidance from those of you familiar with the area. I'm looking for rough estimates of expenses to perform high-level property analysis. With ...
Tim Kaminski
Starting Out Advice
Hey BP,Looking to get started with my RE journey through house hacking a multifamily (3-4 Units). I have saved enough for a down payment and some modest repairs. Interested in student housing as there are 2 Universit...
Gerardo Lewis
Is this too much for a rehab budget?
Hey BP just wondering about something. I'm putting together a few reports for the banks I'm going to be going to for lending and my contractor put together a few quotes for me to redo the bathrooms and kitchens on a 4...
Greg K.
1st BRRRR Deal - HUD Home Condo in MA - $1500 Cash Invested
Investment Info:
Single-family residence buy & hold investment in Fitchburg.
Purchase price: $98,000
Cash invested: $1,500
Sale price: $141,000
2 bed, 1.5 bath condo built in 2004. Purchase ...
Jason Mizell
upcoming rental legislation
Anyone in Arkansas know anything about the House bill HB 1410 that is being voted on soon? I'm in Little Rock and wondering what kind of effect it might have on my rental properties?