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Results (4,869+)
Trent M. Refinance rental property for stocks
14 October 2021 | 15 replies
If the SM had a multiplier of 10%/year, and the RE had only 5%, if you did #1 above, you would end up with a return the first year of the following:     A - SM:  $120k x 10% = $12k;  New total = $132K     B - REI:  $600K x 5% = $30k;  New total = $630k...and, thanks to the power of compounding, every year after year 1, the spread between the two gets wider....in favor of REI.
Juhi Banerjee How to evaluate comps for 2-4 unit rental properties
28 October 2021 | 5 replies
If I want to evaluate quadplex consisting of 8 bedroom, 4 bath should I find a similar comp for 2 bed 1 bath in the neighborhood and multiply that by 4? 
Account Closed Partnering on Real Estate
18 October 2021 | 2 replies
Some can have the same numbers.3 -  Add them all up (you haven't assigned any of them...you just made a list of all of them).  4 - Divide 100 by this number.5 - Now, assign each role to the partners doing them.  6 - Add up each partners list.  7 - Multiply each total by the number you got in step #4.8 - These are the percentages that each partner will get.
Stephen Lynch Investing using brokerage account cash
18 October 2021 | 2 replies
Margin interest example$187,000 for 6 months (180 days)Multiply loan amount by the effective rate: 187,000 x 7%Determine the daily interest amount: $13,090 / 360 = $36.36Calculate the interest due after 180 days: $36.60 x 180 = $6,588 + additional funds / holding cost interest for for rehab budget
Paul Gill How to make your 1st Million
28 October 2021 | 19 replies
According Grant, whatever you normal realistic goals are multiply them 10 times (10X ) then figure out, how you can achieve them.3 Walk the WalkYour daily activities & actions must match your goals, if you have aggressive goals, you need to have equally aggressive daily activities & actions to match your aggressive goals.Goals are just wishy washy, talk the talk unless you back it up with aggressive hard work & be willing to walk the walk.You need to work hard & smart, it is not uncommon for successful people to work 60-80, 100 hours a week to achieve their goals.4 Develop Great habitsHabits are routine things you do daily basis without too much thought process.
Robert Calabrese Investing in NJ - Considering Remote
25 January 2022 | 9 replies
You'll find that BP is the heart-pulse of RE investing and your portfolio can multiply from these forums.
Clifton Monte Wife wants me to buy her Grandparents' home to rent after 1 yr..
26 October 2021 | 27 replies
Monthly Income:      Monthly Expenses:       Monthly Cash Flow:      Pro Forma Cap Rate:$1,550.00                     $2,248.06                       -$698.06                            2.35%     NOI                   Total Cash Needed      Cash on Cash ROI            Purchase Cap Rate$8,124.00                     $20,349.00                      -41.17%                            2.35%======Financial Projections========     Total Initial Equity: -$334,650.00     Gross Rent Multiplier: 18.55      Income-Expense Ratio (2% Rule): 0.44%     Typical Cap Rate: 2.35%      Debt Coverage Ratio: 0.49     ARV based on Cap Rate: $345,000.00=======50% Rule Cash Flow Estimates=======     Total Monthly Income: $1,550.00     x50% for Expenses: $775.00     Monthly Payment/Interest Payment: $1,375.06     Total Monthly Cash Flow using 50% Rule: -$600.06========Analysis Over Time==========Annual Growth Assumptions    3%                   2%                3.4%Expenses         Income       Property Value_______________________________________                                        Year 5Total Annual Income        $20,536Total Annual Expenses      $28,645Total Annual Cashflow      -$8,109Cash on Cash ROI             -39.85%Property Value                 $407,776Equity                              $111,347Loan Balance                   $296,429Total Profit if Sold            $49,939Annualized Total Return       28%
Barbie Melendez GETTING OVER ANALYSIS PARALYSIS
27 October 2021 | 4 replies
The issue is that Newburgh is at least 66 miles away which would multiply the amount I spend on gas monthly and also tolls, not including the hours off of my life that I would spend traveling. 
Paul Veronis Comps for Rental Properties
28 October 2021 | 1 reply
BP calculator doesn't give you all the parameters or what to input as real numbersFree ones: Loopnet ~ look for sold comps on 5+; have agent access to MLS for sold comps 1-4; Apartments.com for what lease is offered in area.Boots on the street (Agents who list in the past 4 months on the block), make friends with agents in the area.Know how to calculate the gross rental multiplier.
Venel Rene Would you close with these numbers?
3 November 2021 | 7 replies
$260.00Management $520.00Insurance $111.00Property Taxes $354.00Mortgage Payment $1,517.96Total $4,072.96Monthly Cash Flow: $1,127.04Cash on Cash ROI: 24.18%Financial Projections:Total Initial Equity: -$ 351,000.00Gross Rent Multiplier: 6.25Income-Expense Ratio (2% Rule): 1.28%Typical Cap Rate: 8.14%Debt Coverage Ratio: 1.74ARV based on Cap Rate: $ 390,000.0050% Rule Cash Flow Estimates:Total Monthly Income: $ 5,200.00x50% for Expenses: $ 2,600.00Monthly Payment/Interest Payment: $ 1,517.96Total Monthly Cash Flow using 50% Rule: $ 1,082.04This feels like a good deal based off the number, but It also put me on top of my budget.