George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
When multiple properties are held by the LLC, lenders may calculate an average or combined DSCR across the portfolio.
John Pipitone
STR in San Jose California
6 November 2024 | 22 replies
BiggerPockets has a STR calculator that can help you figure out expenses, long-term cash flow, and more you can check out as well when you get your numbers going.
Tiffany Makiya
Rent to Price Ratio
2 November 2024 | 2 replies
Calculating the cash flow for both properties:Property A: $1,800 x 12 - $2,000 - $1,500 - $250 x 12 = $15,100/YrProperty B: $1,600 x 12 - $800 - $600 - $35 x 12 = $17,380Property B is the better property once operating costs are included.SummaryBecause the rent price ratio does not include recurring costs, it almost always provides invalid results.
Jennifer Haliday
Real Estate Categories
4 November 2024 | 17 replies
Listen to the Bigger Pockets Real Estate rookie podcast... you wont understand everything at first, but soon it becomes like your own language.Meet people in your area... network.. tell them what you are interested in, you will be so surprised that people will show up to help you.Avoid the gurus who ask for money, PRO membership here gives you access to the webinars and calculators you need to make it make sense for a newbie.
Laura Casner
Sourcing Capital for a large downpayment - Advice on common offerings and rates
2 November 2024 | 1 reply
Does anyone have a recommendation for online calculators to map out the breakdown of monthly interest payouts easy?
Teddy Kennedy
Tenants are asking for a rent rebate for renovation
4 November 2024 | 8 replies
How should I calculate loss of use for 3 weeks?
Brady Ascheman
Mid-term rentals (where to start)
5 November 2024 | 11 replies
For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.
Casey Coffey
Base hit to home run deal
3 November 2024 | 10 replies
CoCR is only calculated in the first year of ownership.
Karina Busch
HATE Bookkeeping. HELP.
7 November 2024 | 22 replies
Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.
Jace Perry
Searching for 80% to 85% DCSR Lenders
1 November 2024 | 10 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.