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Updated over 4 years ago on . Most recent reply

Jesse Hodges's profile image
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Jesse Hodges
  • from Fort Drum, NY
  • Member since Mar 7, 2020
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Jesse Hodges's profile image
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Jesse Hodges
  • from Fort Drum, NY
  • Member since Mar 7, 2020
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Jesse Hodges
  • Fort Drum, NY
6
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General Landlording & Rental Properties

BP Tool for Apartment Complex Analysis?

Jesse Hodges
  • Fort Drum, NY
Posted

I have a potential deal for an 8 unit apartment complex and I am having a hard time using the BP Rental Calculator since it seems to be geared more for SFH or small MF. Is there a BP tool for larger unit deals that can help me analyse if its a good deal or do I just need to be a bit more creative in how I input the numbers into the Rental Calc?

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Lee Ripma's profile image
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Lee Ripma
  • Rental Property Investor
  • from Prairie Village, KS
  • Member since Jul 6, 2015
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Lee Ripma's profile image
Lee Ripma's profile image
Lee Ripma
  • Rental Property Investor
  • from Prairie Village, KS
  • Member since Jul 6, 2015
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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
Replied

@Jesse Hodges

The BP calcs are pretty basic. You certainly need something a bit more robust to do apartments. I leaned with Michael blanks syndicated deal analyzer and now I just have my own or use an edited version of his.

  • Lee Ripma
  • Podcast Guest on Show #373
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