Good afternoon BP fam and Happy Mothers Day to the Moms!! I have a situational question....I have a closing on May 27th on a SF home in a decent area generating $250-$300 cash flow per month, my 15 day due diligence i...
Hi everyone! I am brand new to RE investing and was hoping to get some input on how to choose a great out of state market. I live in San Francisco, and for my first deal I want to do a buy and hold, single family home...
Hey BP,just wanted to say hi! I've been listening to the podcast for quite a while now and thought It was time for me to dip into the forums. I wrote "beginner" instead of newbie because I've done some deals, but am s...
My question is a general question on market trends. I have heard a couple of indicators or how to tell when the market is up, and when the market is down.
What are some general ways to study the real estate m...
Hello all,So I am looking at this possible deal (to wholesale) but do not know how to come up with the ARV since there are NO comps in vicinity. The building has 5 units and each unit is 2 floors, 3 bed 1 bath each. E...
Hi My name is Lamont Carter,
I'm sure the questions in which I may pose are common and may seem a bit redundant, but I would sincerely appreciate the feedback and guidance. Thus far I have consumed several ideas of ho...
I want to hear everyone's opinion here. Under what circumstances do you guys order a survey of your property and when do you not? Are there any low cost strategies that you use to minimize risk without ordering the ...
Hi, I am a local investor in Tampa, Florida. I was just wondering what other people are doing to do their comparables research. Are they relying on a real estate agent? Do I need MLS access to do them myself? Is there...
Hi BiggerPockets Community,I am having a great time making connections here and building a network. After 6 months, i am STILL on the hunt for a single family 3 bed/2 bath in these zip codes: 45223, 45213, 45209, 4520...
Hi guys,
Was wondering if you could check my Cap Rate & Cash on Cash Formula?
Also, if you could provide any constructive criticism.
PS.
I did not add Income Tax, Depreciation, Amortization and not appreciation ...