A broker asked, "What are your cash on cash ratio requirements?" I'm not sure exactly what he means by this. Is this the same as IRR? Thanks for the clarity
Thanks for your help in advance! So I came across a possible deal with someone that is in pre-foreclosure. She is pretty motivated to find a solution. The house is a 4 bed 1 bath 1483 sqf home with basement and gar...
View report*This link comes directly from our calculators, based on information input by the member who posted.This seems like it can't be true a 2/2 with a garage. Am I doing this correctly? I put ve...
Hey BP! This is just off the top of my head from my day to day experiences. Please add to this and let's all create the ultimate field list!
Paperwork:
Purchase & Sale agreements - Pro seller &...
How do you analyze and compare different multi family properties to invest in?
I kind of understand the gist of it as far as cash flow, cash-on-cash return,cap rates, return on investment, GRMs for multi-family. But ...
Hey everyone, I'm a newbie looking to buy my first rental property with my strategy being BRRRR. I'm looking at a 5 unit multi-family property in a C neighborhood and on paper (based on the numbers I have) everything ...
I live on Long Island, NY where life is great and taxes are high... REAL high. My personal property taxes are about 13k a year. They say that if there are houses being flipped then there is opportunity for a rental. H...
I would be very new to this industry and business on real estate investing. I came to the conclusion after watching multiple online tutorials, that I would grab the equity out of my primary residence to purchase a ren...
After some time here on Bigger Pockets, and having run a number of properties through the calculators I decided to offer on a short sale property. I viewed the property with the help of a real estate broker whom I had...
Good Morning BP!
This year I'll be acquiring my first rental property as I'm finally in a financial position to do so. I have a 2 pronged question. I currently put all of my living expenses on a credit card (includin...