Hi all – I’m new to REI and just joined BP. I have a W2 job that pays well but consistently leaves me wiped out. I’m really drawn to REI so I can spend more time with my family (spouse and 2 kids), retire a little ear...
Morning BP community, I have an offer accepted on a duplex (built in 1905, $150k, $700/mo cashflow, 2 - 2nd/1bath, total of 2300 sq. ft. and rented out), and the inspection report has left me on the fence. Do I ask fo...
I had what sounds like it could be a pretty unique opportunity come up yesterday, and I’d like to see if I could get a little feedback!
I just spoke to an investor that has two commercial buildings here in town. One...
Hi guys,
This is my first BP post. I searched the forums first but couldn't find any information. I am sure this has probably come up and my search words just weren't doing the trick, so sorry for another pos...
Recent list I'd thought I'd share from the National Association of Realtors by way of Vacasa. Their analysis showed beachside communities offered the highest ROI. There are a definitely a few locations I've considered...
Real estate gurus teach: Only buy rental properties based on actuals (actual net operating income) not based on pro-forma (or projected net operating income).Although it sounds good and reasonable, after doing this si...
I've got a decent amount saved up, and I'm accredited. In the market I've been looking, the CoC on turnkey (through agent, not company) is only about 6-7%. Cashflow with loan is maybe $150/door. Is it worth doing o...
I am new to the investing field and my brother is my partner. He currently lives in the Detroit, MI area. This city has of course filed bankruptcy recently and has a lot of not so pretty neighborhoods. However t...
Exactly how do I get the figures to calculate NOI, cashflow etc. I understand the formulas but where do I get the variables? How can I find out exactly what the rents are for each unit and what the expenses are? Al...
Hello everyone, I'm not holding myself to any specific area to invest since my W-2 job moves me around the country. Not sure if this matters but my goal is to own apartments. I have a list of cities on spreadsheet but...