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Hello All,I identified a motel that would make great apartments approx 14500 sq feet total. Calculating an average apartment size of 800 sq ft going for a median price of $750 a month conservatively. I calculate you ...
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Property will not cash flow right out of the gate due to the 5 yr term. I believe the property has been for sale for quite some time. Price is similar to a sfh currently listed in the neighborhood.
Rent he...
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Hello,
I bought a 3 unit building 6 months ago before I discovered Biggerpockets. After reading this Forum, I feel I may have made a poor investment and needed some help on analysis and also what to do next. ...
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*This link comes directly from our calculators, based on information input by the member who posted.So im definitely a newer investor and i got my RE license to buy my own properties. I wanted to get some...
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Hi,I have a townhome that I live in and rent additional rooms. Can I use this income as part of my income when I apply for another loan? I bought it in Augusut 2012, so the two year mark is right around the corner.I...
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Hi BP Community!
My wife and I are looking to dive head-first into the REI game -- WOOO. We know that finding and analyzing deals is always a challenge. We currently have an agent who is sending us listings, but anal...
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Hi AllHopefully you can follow along with me on my journey here.I'm feeling the analysis paralysis creep upon me now. I've now changed my mind on my approach and pivoted my strategy several times so I'm getting worri...
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Hi! I know some of you are calculator and spreadsheet gurus! Has anyone developed or have a comparison tool that they use for taking a set amount ($100K) and looking at the benefits of each. I assume I'd use a 5-7 ye...
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*This link comes directly from our calculators, based on information input by the member who posted.This is something I don't understand. The table on the bottom says that If I were to se...
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I have a short sale 4-plex in CA for 130k (plus 7k to pay of the second loan). It rents for $2600 in total. I would love to see this deal put through the BP ringer and get some feed back on it. ?Thank you
So...