Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Taylor Smith

Taylor Smith has started 17 posts and replied 50 times.

Post: Financing with banks

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
Who lives in the Seattle Tacoma area and can point me towards the best bank or Credit Union. When it comes to financing a property?

Post: Metrics and formulas on multi families

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
@Ed Matson so If i keep on getting negatives then the outcome is accurate. Because I keep on plugging in the numbers. And I keep getting negative outcomes

Post: Multi family properties

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
@Jaysen Medhurst thank you for your advice. I will bring in some numbers tonight.

Post: Metrics and formulas on multi families

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
@Theo Hicks how do you factor in the cash on cash return as well as the mortgage payment. Because I know that all the math is done without the mortgage payment. Without the mortgage payment my math gets my positive cash flow. But as soon as a I add the mortgage I’m in the negative.

Post: Metrics and formulas on multi families

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
@Cory Carlson how do you do the math on that? That was a little confusing but I’m following what your saying

Post: Metrics and formulas on multi families

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
I know every metric is important when it comes to analyzing a property. But when you look at a 2-4 unit property which is more important. The NOI, Cap Rate, multiplier when anyalizing à deal? Also how do you factor in your mortgage payments into your math when analyzing a deal. Some help would be very appreciated!!!

Post: Paying on a muti-family

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9

Thank you I appreciate that. So your pretty much saying unless it has some cash flow coming in don't mess with it. Unless you have the capital to make up for it. 

Post: Multi family properties

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
So I’m a new investor looking to buy a multi family. Now when I use the calculator since I’m going to have to put 3.5% down I run into a high mortgage. In short that high mortgage is causing me to be negative in cash flow. Now if I have to come out of pocket on a mult family property a couple hundred bucks, is that better then not having a property at all and saying forget it? Kind of need some advice on that! Should I continue Pursuing the property or no?

Post: Multi family properties

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
So I’m a new investor looking to buy a multi family. Now when I use the calculator since I’m going to have to put 3.5% down I run into a high mortgage. In short that high mortgage is causing me to be negative in cash flow. Now if I have to come out of pocket on a mult family property a couple hundred bucks, is that better then not having a property at all and saying forget it? Kind of need some advice on that!

Post: Paying on a muti-family

Taylor SmithPosted
  • Rental Property Investor
  • Seattle, WA
  • Posts 51
  • Votes 9
So I’m a new investor looking to buy a multi family. Now when I use the calculator since I’m going to have to put 3.5% down I run into a high mortgage. In short that high mortgage is causing me to be negative in cash flow. Now if I have to come out of pocket on a mult family property a couple hundred bucks, is that better then not having a property at all and saying forget it? Kind of need some advice on that!