William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
For property taxes I took the sale price of the property times 1.5%, then divided that by 12 months.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
If I divide this bill by four units, each tenant would pay $46.03.
Steven Catudal
Partnership split help
20 January 2025 | 11 replies
Equity split - This is more of a straightforward partnership where profits are divided based on the initial capital invested.
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
If I'm understanding correctly this means I can't build an ADU, but if I can divide the land more evenly between the plots then maybe two single families are possible.Exciting stuff!
Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
Divide that by 12 months.
Jose Mejia
refinancing a property from hard money lender
19 January 2025 | 15 replies
It's going to be your [Gross Income] divided by [Fixed Expenses].
India H.
1st time REI ready to make first purchase!
16 January 2025 | 10 replies
This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.
Jeff Goedeker
P&L excel template for rentals
23 December 2024 | 9 replies
Mine has grown over the years to accommodate more properties and analysis, but I've divided into basic sections:Revenue (by unit)COGS (I know, but old habits.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
You divide that $20k by .075 and you get a boost of $260k to the valuation.Allowing you to take the property back to the bank, get a new loan with $208k of additional debt on the property, pay yourself back that investment and now you have enough cash to buy a $1M deal and use that strategy over and over while scaling exponentially.
John Friendas
LLC Mortgage Under Partner Instead of Me
12 January 2025 | 22 replies
It's a multifamily investment partnership and we will have a separate contract dividing everything else 50/50.