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7 January 2019 | 10 replies
Or is there a different resource where this info is summarized?
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16 July 2022 | 33 replies
First, this is a test of BP's new File Vault feature...Secondly, after writing a blog post a couple weeks ago about analyzing rehab/flip deals, I wanted to provide a spreadsheet that summarizes everything I wrote to give other investors a basic template they can use to evaluate their own deals.Here's the blog post:http://www.biggerpockets.com/renewsblog/2010/03/10/determining-maximum-purchase-price-mpp/This is a greatly water-downed version of a bigger set of spreadsheets I use for my current business, and anyone who has completed a couple flips probably has their own spreadsheet; but for those who don’t or those who have no idea where to start, this should be helpful.
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13 September 2022 | 6 replies
MRI - they had several surprising features, but it was still somewhat constricted on their work order organization being summarized at the multi family level and not a way to look at all work orders for every property, they are looking at the inventory ability, but was not positive they could do everything we needed on the inventory and I can't remember if they have a time tracking system, but their leasing CRM with VOIP phone numbers was very similar to that of Follow-up Boss and seemed much better than AppFolio.
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9 May 2023 | 10 replies
To summarize my research of the self sufficiency test, 75% of the gross rental income for all units (even owner-occupied) must be greater than the monthly mortgage payment.Some math: ($5700 * 0.75) = $4275, which is less than $4853 mortgage payment => FAILSeems that purchase price must come down in order for the loan to be underwritten.
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21 April 2019 | 11 replies
Perhaps you are good with a hammer, or marketing, website design, flyers, bandit signs, summarizing or reviewing books, podcasts, blogging, offering someone a ride to a Meetup, bring snacks, pick up someone’s tab.
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15 April 2022 | 4 replies
Since some of the regulations and requirements can be confusing, Logical Property Management (LPM) hascreated this document to summarize the options for a foreign investor.
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25 May 2023 | 7 replies
Not always true.To summarize, you would have a lot of moving parts, do you have the time and can you avoid the stress?
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14 August 2019 | 11 replies
"Buy assets, not liabilities and use other people's money to do it" summarizes about 30% of his books.
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11 February 2022 | 11 replies
Here's how I'd summarize them:Invest where the economy is good and people are moving: Outside of a few metropolis in the northern tier states, the population has long been moving south.
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4 June 2020 | 17 replies
I have summarized most of what everyone said here and read some additional content from books and backed up all of the theories by running some financial model calculations.