Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Harpreet Singh

Harpreet Singh has started 2 posts and replied 18 times.

Post: New member in Bakersfield, CA

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5

hey Ryan, it's nice to meet you. I am a realtor here in Bakersfield. I sell as well as  invest in real estate. Reach out if you have any question 

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5

@vinay 

@Vinay K. awesome, thank you for the advice. 

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5

also Vinay 

How did your come up with 1475 rent? 

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5

@vinay

Oh wow. That's a good deal. And I know Baljit and I think my friend had rented it your property. The a daughter name is Gurjit gill.  

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5

@Josh,

Thank you so much for the advice. 

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5
Hello Josh, Thank you for the reply. I just download the excel model to analyze. Going to play with it. Couple of question for you Josh: 1. What's a good vacancies variances? 2. How do I finger out the vacancies rate for my area? 3. The property was build in 2010, do I still need at cap rate and if yes, how much?

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5
Hey Vinay, Thank you for your reply. I just got the "Rental property investing" book on audible. The properties I am interest in are located in 93313 zip code. I had couple of questions: 1. How many beds and bath is your property and how much is it rented out at? 2. What property management company do you use? 3. What is the vacancy rate on your property?

Post: My first deal. Need advice !!!

Harpreet SinghPosted
  • Real Estate Agent
  • Bakersfield, CA
  • Posts 21
  • Votes 5

Hello BP community,

I am working on my first real estate investment deal. This deal is to buy and hold single family home investments.I have an investor who is selling three single family homes, which are currently rented out. I am putting 20% down. Since this is my first deal, I am kinda nervous.

How do I analyze this deal?

Is there a due diligence check list I can follow?

Is there a spreadsheet to analyze rental properties?

Any tips on negotiations?

Any specific podcasts I should listen to?

Any specific Blog I should read?

Any tips or advice would help.

Thank you