All Forum Posts by: Matt Giordano

I know BiggerPockets already has a number of great calculators, but is there anything niche that people are interested in? Like a calculator to simulate this strategy (https://www.biggerpockets.com/forums/61/topics/795487-retire...), maybe showing how much equity could be pulled out of which property when, whether the portfolio would still cash flow, etc. Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc. A sub-to calculator showing how much cash a seller can avoid bringing to closing. Any other ideas?

Quote from @Matt Giordano:

Any B&B investors out there? 

Looking to purchase one and struggling with the right calculators to determine the real metrics.

As I understand it (recently looked at buying a former bnb) you need to treat it like any other STR with your extra costs such as food, etc  baked in to the expenses. Getting a good handle on those are hard if you have no experience.

Think of it like any other rental but calculate out what your food, linen, housekeeping, front desk, upkeep costs are just like any other expense.

I tend to get frustrated when I keep telling people that you can buy large multifamily with 0% down. I just put the MHP below under contract with 0% down, 20 years amortization with a 10-year balloon.

The frustration is because I don't see other investors actively doing this and these sellers and communities need it, badly. 

16 spaces, storage parking, storage garage, community office, and potential expansion opportunities. To make this deal even better it is in the middle of my drive to visit other communities I own. (Like a 30-second detour)

Also, this park was on a website like Craigslist, this is the second 0% down seller financing deal I have found from that lead source.

Looking to purchase a property in Turks and Caicos kind of a family vacation or to Airbnb, your cities are looking to purchase at home international there's a first time looking to purchase a property outside of United States any help thank you in advance

I recently visited Turks and Caicos Provo and fell in love with the place. I am considering buying a home there to live part time and rent part time. Has anyone in the community been successful with a Turks rental? If so please share your experience. Thanks!