Is it possible for me to ask an investor RE agent to find comps for me in order to find out whether or not properties I look at are really deals or not and what amount I should be offering for them/how they should be ...
For those of you targeting multifamily properties through yellow letters, what criteria are you choosing?
The criteria I plan to use is:
1 target zip code
Residential Multifamily 1-4 unit
Ab...
Hello BPverse!I'm new to using RentRedi as my main tenant/ property management app. The desktop version of the software has been great. Fairly easy to use with a small learning curve. My issue is that I installed the ...
I wanted to alert the BP community to something that is going on in Arizona and is a scam by tenants looking to break their lease.Our friend rented a house to someone that was a little odd and a bit of a allergy freak...
Has anyone used their 401k savings to purchase investment properties or is the penalties and being taxed twice just too much? Thanks in advance.
I have a deal question - quick scenario. Have an opportunity for a 38 unit prop that has 3+ acres for further development, which has received all approvals and rights to add an additional 28 units. There is a privat...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $454,639
Cash invested: $146,722
Sale price: $808,000
$200K profit!!! we paid RE and closing fees out of this s...
Within 2 years I acquired 4 single houses out of state properties via turnkey company. I sum up all my 4 rental income minus the mortgage, escrow and PM fee and end up with 1060 cash (1060/4= 265$ each property month...
Should I shop around for a better interest rate or take the first offer I get? I know they run my credit every time and I don’t want to keep taking hits but at the same time if I get a good lender then I’ll stick with...
Would you do this deal for 4 full duplexes:
Asking: $241K
Sales/Offer: $220K + $40K rehab = $260K ($32.5 each)
Monthly rent: $650 (average)
Monthly estimated expenses: $1,325 (including taxes and insurance)
PI: ...