Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
Also, their past decks don't provide the type of basic information that any sophisticated investor would need to evaluate them (like skin in the game etc.).
Shrikar A.
Built a simple chrome extension for analyzing Zillow listing (Good Deal/Bad Deal)
3 December 2024 | 6 replies
Hello folks,Wanted to get some of the key criteria folks use in evaluation whether a deal is good or no.
Ben Cochran
Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
Work with a financial planner to evaluate cash flow projections and confirm this move aligns with your long-term financial goals.
Kyle Luman
Cash flow vs equity discussion in recent Podcast
13 December 2024 | 13 replies
Start with a list of cities with a metro population greater than 1M, and evaluate each city against all the additional criteria.
Shawn Nofziger
Foreclosure auctions? Good or bad?
7 December 2024 | 5 replies
First, it's essential to evaluate the properties thoroughly before bidding.
Markus Samuel
Seeking advice on my first deal (Single Family Rental)
5 December 2024 | 9 replies
As a note, residential properties typically are not evaluated with cap rates, but I think you may have been saying a 7.5% cash on cash return or ROI.
Tanner Martillo
Seeking Advice on Potential Short-Term Rental Investment in Cincinnati, OH
1 December 2024 | 3 replies
Quote from @Tanner Martillo: Hi BP Community,I’m evaluating a potential investment property in Cincinnati, Ohio, and would love to get your insights!
Drew Giltner
Help me analyze this deal
5 December 2024 | 4 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $459,000 Mortgage Amount (80% LTV): $367,200 Equity: $91,800 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop to 5%Monthly Expenses: Mortgage Payment (5% Interest): $1,971 (Now you are paying interest and principals) Property Tax: $260 (assuming has been increased with a 4% from last year) Utilities: $361 Insurance: $104 (+4% Adjustment) Vacancy: $166 (now after 12 months we can assume we have some vacancy at 5% factor on annual rent) Repairs & Maintenance: $166 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $3,028Rent Income after 12 months assuming annual rent increase at 5% : $3,323Cash Flow: $295$ per month 😊Long-Term Gains: $5,418 Principal Paydown year 2 (this will increase each as you pay off your mortgage $36,720 Property Appreciation (assuming 8% per year) $3,540 Cash Flow (this will increase as rents rise)Total Annual Return on Investment: $45,678 with just $ $22,789 remaining in the deal.
Ahmed Moustafa
Seeking Advice on PMI Removal for Fannie Mae HomeStyle Renovation Loan
5 December 2024 | 5 replies
Is there a workaround or a way to get this re-evaluated?
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
Our coaches guide clients through an extensive course on investment due diligence to identify their risk tolerance, ask the right questions, create investment criteria, evaluate performance, identify any red flags and have a plan for what to do if an investment doesn't perform as expected.