Hello, my father's keep talking about this subject because someone told him how nice this subject with flipping houses is when you're smart and paying attention at the market. The difference is that he's focusing just...
What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...
Found a 5-Plex in East Tennessee located in a college town in a popular part of town known as the historic "Tree Streets". The house is a two story brick traditional home. Unit mix is 3x 1Bd 1Ba, 1x 2Bd 1Ba, and 1x...
Hello everyone, Can I please get some help analyzing my first rental investment? I'm looking at this duplex built in 1915 located in one of the nicer sections of Hamtramck Michigan. (I'm very familiar with this area) ...
Hi BP,I have purchased a vacant lot, got the plans approved for 31 unit residential building in NY. and ready to build.I need to get investor who can fund40%, I want to fund 10% and bank will do the rest. In return I ...
About four years ago I saw a nasty, old house on decent piece of land about 2 miles from my home in Salt Lake County, Utah. Other investors stayed away because it was obviously not going to be a traditional, cash-flow...
So I am meeting with the commercial division of my local bank tomorrow. They have done my last three conventional loans, and with my primary residence I am at the limit for 20% down easy money. My loan officer said t...
I am very new to rental property investment. I just bought my first rental property and I am learning everyday. One of questions I have is how do you keep getting bank loans to scale on a large scale? I am going to ca...
Hey Guys, I will be breaking down my deal in Sioux Falls, SD that I am currently under contract for and would love some advice/opinions while I am in my due diligence period. Price - 235,000 - 3% from seller towards c...