All Forum Posts by: Account Closed

@Casey Crowe thank you for the response I believe the police station should be very reliable since they are litteraly there and involved with this all day and night.

Hello members I am having a hard time figuring out which streets are safer for my first investment. I tried using crimereports.com but that is not responding. Can anyone help me figure out how to find a detailed crime chart for my area?

Thanks in advance!

Hello fellow members.

I am looking into small multi family in the Lehigh Valley area in Pa and I was wondering if anyone can help me with estimating some monthly expenses such as electric and sewer/water? Obviously  its hard to get it exact but if you can help with some ballpark numbers just so I know how to run my preliminary numbers that would be great.

Thanks in advance!

I am a newbie as well and i live in Brooklyn New York where average looking homes are going for north of a million. Therefore I am looking into other markets in different states. The book Long Distance Real Estate Investing by David Green is really great! It walks you through the entire process of how it can be done and once you read that and understand how it works, its not that scary anymore. Wish you much luck going forward !!!

@Nick Rutkowski got it thanks for taking the time to answer my questions.

@Nick Rutkowski thank you for your response. I understand that it would take time to get them up to market rents . So how do you suggest we evaluate the rents over that period of time? And yes we want to annalyze to find the noi and to see how much cash flow it brings

@Oleg Shalumov I guess that sounds like a safe bet to look at the current rents and if we can raise it eventually then great. Thanks for your help!

@Gregory Goessner thanks for your help! I think in the case of a Brrrr where we would be doing rehab it would make sense to look at Future rents.

Hello everyone,

I am trying to get started with Brrrring small multi family. Im not quite sure if by the TOTAL GROSS MONTHLY RENT option, if I'm supposed to enter the current rent or the future potential rents at market value.

I guess this question can be asked in regards to analyzing any potential rental, not only Brrrr. 

Thanks in advance for your help

Hello Fellow members,

When using the BRRRR calculator, by the option TOTAL GROSS MONTHLY RENT is that asking for the current rent as it is now? or is it asking what the future potential rents will be at market value?

Thanks in advance!