Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
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

Updated almost 6 years ago on . Most recent reply

User Stats

80
Posts
9
Votes
Matthew Koch
  • Investor
  • Twin Falls, ID
9
Votes |
80
Posts

My first deal and I would like to have a second opinion on please

Matthew Koch
  • Investor
  • Twin Falls, ID
Posted

I have this house that is coming up for sale by the end of March or possibly sooner  and I did the calculators for two scenarios one a wholesaling route and to the rental route and I really want to do the rental route because I believe it would be a great cash flowing property especially when it is a five-bedroom three-bath house and location that is close to the high school and college. I could have five tenants in there 5 bedrooms house hacking at $500 a piece  not only is that rent  but also paying my current rent and we can focus on our other bills and slowly get out of debt. I need a little help and confirmation on if I had ran the numbers correctly . Yes to be honest I'm that type of a person that kind of needs the reassurance or in the matter of speaking confirmation hand-holding to know that I'm doing it the right way any information is helpful so looking forward to hearing from one of you folks in Idaho preferably.

Matt koch

Most Popular Reply

User Stats

244
Posts
140
Votes
Justin Frank
  • Rental Property Investor
  • Tacoma, WA
140
Votes |
244
Posts
Justin Frank
  • Rental Property Investor
  • Tacoma, WA
Replied

Hi @Matthew Koch,

Unless I am missing something there is no details in this post about the home and/or there is no link to view your analysis on the BP calculators 

Loading replies...