Scott Choppin
Apartment Financial Underwriting - Part 1 of a 2 Part Series
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...
Michael Schnyder
ADU in Los Angeles area - how to split utility bills?
I'm having an ADU built from a detached garage which will be a 2/1, approx. 750 sf. The single family house is a 3/2 approx. 1200 sf. The utilities are LADWP and gas, both properties would be on the same shared mete...
Kevin Castaneda
Desired Cash On Cash Return for a Rental Property
What Cash-On-Cash (CoC) return do you like to see on your rental properties, and at what point in your loan term do you calculate your CoC from when deciding a property is worth purchasing?I'm doing some returns base-...
Gretchen Roberts
Capital expenses and NOI
I've read that capital expenses shouldn't be included in an NOI calculation, but is it ok to include a per-door reserve? (By OK, I mean if I include it and use the resulting figure as reasoning for making a specific o...
Racheli Vidal
Help me analyze this deal
Hello BP familyPlease review this deal. It is 14 units within a 90+ condo complex. 9 are 2 bedroom and 5 are 1 bedroom. All but three are AIRBNB and rest are long term renters. This is not my first deal as I have 2 ot...
Dave Halevi
Exit cap rate and IRR
Good evening guys, Thanks for all your help here!There's a couple of things that I can't wrap my head around1. When we buy a MF we can calculate the cap rate using the PP and NOI. But how cap I project what it would b...
John C Rider
BRRR Rental Period Cashflow after Refinance
I just purchased my first property and trying to decide whether I should Flip or use the BRRR strategy. I got the house for $111k, and Zillow says the house is valued at $207k. I understand Zillow is not always accura...
Javier Carrizosa
What is real net worth when on investment properties?
So the main definition of net worth to my knowledge is, after selling all assets minus liabilities you get your net worth. I believe a lot of times when we try and do a quick net worth calculation for an investment pr...
Harry Orfanos
Investing in an "F" area
I am looking to become a new first time investor and am working with a great Realtor out in the Cleveland area. He just sent me a deal that checks a lot of boxes (Newly renovated, cash flows according to the 2% rule a...
Bayo Badejo
8 Unit MFU
Hello BP members, We are looking at an 8 unit MFU for an asking prince of $419,000. A price per unit of $52,375 with a projected 7.47% Cap Rate in 2015 or projected 11.16% @ 100% occupancy. Right now 7/8 units are ren...