Virginia Jones
Random water leak in kitchen
8 March 2017 | 10 replies
Every hardware store has the caps, they're cheap, and nearly infinitely reusable... just toss them back in your "plumbing" toolbox when you're done.A couple of tips on replacing shutoff valves: if the existing valve inlet has a compression fitting on copper pipe, 95% of the time you can re-use the old hex nut and compression ring/ferrule/"olive".
Bob Romano
Cash lender or Finance?
8 November 2017 | 11 replies
You realize that your investment would be zero, so your ROI is undefined (i.e. most people call this "infinite", a result you would get from dividing a number by zero.
Amit Barman
Land purchase options
12 November 2017 | 5 replies
Most real estate development projects have 200 or more individual variables that need to be assessed, and an infinite number of solutions to address problems and issues that always arise when grounding assessments of the 200+ variables.
Darwin Jimenez
Acquiring properties through an LLC
28 February 2019 | 7 replies
No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE- check out this article to learn more.Running without an LLC works perfectly until it doesn't - but when a lawsuit is filed you can't change your ownership structure.
Craig Lessler
Do over funded IUL premiums count as debt for mortgage applicatio
16 February 2017 | 4 replies
Put your money to work in two places at one time.https://www.biggerpockets.com/blogs/7595/47651-are...The beauty of what you are contemplating is that you can achieve an infinite ROI.
Jordan Ross
Entry post- Should I buy or rent first apartment post grad?
10 February 2016 | 6 replies
Lastly, I promise, unlike the stock market, your exposure to loss in REI is infinite.
Philip Bashaw
How do I determine an ARV on a small apartment building?
19 May 2015 | 15 replies
This gives a good idea of what your gross margin is on your rental income prior to hitting your numbers with the below operating costs- operating costs for after rehabbed A class repositioned building and adjust accordingly from your current operating expenses - do the same adjustments for income when comparing A class rental apartment buildings after you've raised your rentsAt the end of the day when your done with these adjustments you can figure out what your adjusted NOI will be and then adjust your cap rates as well to get them near what A Class buildings sell at currently.adjusted NOI/ adjusted cap rate = projected value If you want to be conservative have your local bank run his Cap rate and underwriting rates through the projection and this will give you an idea of what the banks value will be and if you're off or not.You can then ask your local brokers to see at what cap they think your building will sell at and adjust your cap rate accordingly to arrive at a more and more accurate valuation.If the total all in costs of 800k acquisition price and 560k rehab is at 70-75% of the projected value you can probably jump for joy because after obtaining this financial performance for 6-12 months of stabilized rents you can probably cash out the entire 1.356M and generate an infinite return as you will have all your original capital back and perhaps even beyond what you initially contributed...Hope that helps.
Account Closed
Is it better to be over-leveraged or under-leveraged?
6 March 2015 | 29 replies
When I was 25 years old I raced along every tight rope cliff edge - taking advantage of the fact that things generally go well, and while holding the view that the future was infinite.
Daniel Watrous
Rental Market for New London County
24 May 2016 | 3 replies
Statistics are infinitely subjective, but I refocused on single family homes with 3 Beds, 1.5-2 Baths, on less than 2 Acres for sales information to compare with rents, including factors for rent/sale liquidity (Days on Market DOM).
Jeff Sacco
COC Return Question
5 June 2023 | 5 replies
If you use COC and after 5 years it says 50 or 100% or infinite, does that matter if you’re only getting 4% ROE?