Dylan Fraembs
New Investor in Providence – Looking to Connect and Learn from Local Experts
31 January 2025 | 5 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
Jonathan Greene
Why You Should Never Take a Break as a Real Estate Investor
27 January 2025 | 26 replies
Sometimes analyzing is too time-consuming.
Harsaha Lenka
Need help double checking a deal
31 January 2025 | 2 replies
Quote from @Harsaha Lenka: Hi need help analyzing a deal.
Joshua Kavadi
Fix Flip in GA
30 January 2025 | 19 replies
đź’ŞÂ Start by networking with local investors and wholesalers to find deals, build relationships with contractors and lenders, and analyze numbers relentlessly so you don’t overpay.Stay focused, take action, and don’t be afraid to learn as you go!Â
Malcolm Brown
Knowing a deal...how to assess
23 January 2025 | 5 replies
If it's turn key and rented you would analyze current rents vs expenses.
Orlando Johnson
[Calc Review] Help me analyze this deal
23 January 2025 | 4 replies
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Abigail Joanna
Buy tiny home to put on property or save for next property?
31 January 2025 | 7 replies
If it costs $150,000 and the ADU rents for $750, then it's probably not worth it.Here's a guide on how to analyze a property.
Donnisha Jones
New member looking to learn
27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Alex Spivey
I'm new and don't have much info
27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Eylon Hodefi
[Calc Review] Help me analyze this deal
31 December 2024 | 2 replies
Hey Eylon, Id love to jump on a call and go through this and your analyzing more.