(Net Profit / Cost of Investment) x 100.So, you have to do the long numbers here......at end of loan how much will you be paying....add taxes, insurance and miscellaneous expenses .....use that number as your divisor......the net profit is the amount of profit you made/make....

Could anyone provide opinions or even direction/link on previous discussions within BP (I attempted to search already) on startup expenses to expect outside the obvious property related purchase/maintenance i.e. legal fees, websites, accounting, etc.Have not invested in first deal yet, but expect to in the next 30 days.I have a tendency to overthink/plan as much as possible ahead of time.

It is Important to calculate the NOI on any deal you do from a single family to a multi family. usually a lower cap rate symbolizes a steady producing income property, you will usually pay more for that building then one with a higher cap rate, usually the higher the Cap Rate the more there is room for improvement in the property, there is a tendency for more vacancies and maintenance costs.

People have a tendency to shy away from outsourcing because they don't want to pay people to do work they could be doing, but they don't realize that it's a small price to pay to completely free up your time.

Just got the term sheet on a triplex in NC set to close at end of month. $350,000 purchase price w/ $50,000 capital improvements. 75%LTV , Variable @ Prime +1% (currently 4.75%) 20 Years 

Stephen:If the waste line is original, then cast iron is your best case scenario ... and 90yr old cast iron is quite likely at end-of-life.

oh ok. i would call someone local you know and ask if they think its same price. at end of day if its inspected, passed and same warranty might not be worth fighting

I had 4 people come out to look at the roof, one being third party who owed my realtor a favor, and every one of them said the roof was at end of life and had hail damage.

Yet, there is the subtle pitch throughout the course and a harder pitch at end of each day. 

Curious how you may have structured the terms (lower interest rate to compensate for the equity, interest paid at end, etc) more importantly how you structured the equity side of the deal.