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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
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 over 6 years ago on . Most recent reply

User Stats

107
Posts
47
Votes
Chris Gordon
  • Rental Property Investor
  • Venetia, PA
47
Votes |
107
Posts

I'll show mine, you show yours

Chris Gordon
  • Rental Property Investor
  • Venetia, PA
Posted

Let's throw up pro forma's (average month's numbers) of our "typical" properties. I want to learn what a typical deal looks like (not your crazy homerun deal, or the deal that went side-wise) in other parts of the country. 

I encourage input and direct but constructive criticism of the deals I've been purchasing in this hot, maybe top or near-top of the market-cycle. 

Here are two of my four properties I've acquired since May 2017 (only two because the other two I'm not sure what I'm doing with yet...with a little time I'll post the other two)...These are in the Pittsburgh MSA. 

If you see them as great, average, or crappy deals compared to your experience let me know...but share what a typical deal looks like.

Most Popular Reply

User Stats

1,533
Posts
842
Votes
Anthony Angotti
  • Real Estate Agent
  • Pittsburgh, PA
842
Votes |
1,533
Posts
Anthony Angotti
  • Real Estate Agent
  • Pittsburgh, PA
Replied

Those look decent to me and in good areas.

Here are three of the more stabilized ones of mine. I had the BP reports handy so I included them Once I get the commercial properties, the new duplex, and the SFH stabilized I'll share those. If you want to include me paying myself PM then add in 5% expense. My repairs and capex somewhat overshoot actual amounts though when I analyze by breaking down cost per items in my more detailed sheets.

Beechview 3 Bed 1 Bath SFH BRRRR deal

Dormont Duplex Side by Side 3 bed 1 bath each side with detached garages. Started out as house hack. 

Brookline Duplex 3 Bed 2 Bath and 1 Bed 1 Bath

  • Anthony Angotti
  • (412) 254-3013
business profile image
The Angotti-Gleve Team at DHRE
5.0 stars
7 Reviews

Loading replies...