
27 September 2015 | 7 replies
I've also used the sold feature on Zillow and my county tax assessor website, both of which are free.Good luck.

28 September 2015 | 9 replies
Speaking to GRM, cash flow, cap rate etc. numbers look good and here's what I'm seeing from a quick snapshot: Using the numbers you provided and assuming you are putting 25% down and an assumed vacancy rate of 10% and I threw in about $800 yr for updates and repairs to play it safe I see this property kicking off about $385-$400 a month.

26 September 2015 | 4 replies
We are in a vacation town and airbnb apartments are doing well here) 2BR: $1200 (basement apartment. probably capped at $1200) 3BR: $1700 (potential for raising to $2000) Two 1BRs renting at $875 (we think rent could easily be $1000-$1100) Taxes $9300 (ughh, Vermont) Insurance $1600 (might be a little more since we'd be owner occupied and current owner is not) Heat $1878 (current owner pays heat- place has new windows and new insulation in basement apartment.

1 October 2015 | 3 replies
This is one of my favorite features of Bigger Pockets especially for asking specific questions.

28 October 2015 | 34 replies
interesting point, I bank with BOA because of the mobile apps and mobile check deposits bill pay Apple Pay etc....basically convenience of features.

28 September 2015 | 10 replies
This doesn't include insurance, maintenance, cap ex, leasing, accounting, or any other expenses!
27 September 2015 | 9 replies
purchase price 104000 down payment (5%) 5200 Loan Amount 98800 total cash out of pocket (closing&rehab) 17200 monthly rent 1100 prop tax 178.83 insurance 80 Mortgate Insurance 23.4 Mortgage $478.83 vacancy (8% of rent) 88 repairs (5% of rent) 55 capital expenditures (5% of rent) 55 Monthly Expenses $959.06 Cash Flow $140.94 Cap Rate 7.15% Cash-on-cash 9.83%

3 October 2015 | 6 replies
I always thought CAP rate was used to buy multi family?

6 December 2016 | 6 replies
I would also recommend that you factor in the following: NOI, ROI, Cap Rate and Cash on Cash ReturnI would recommend that you download the Buy and Hold Evaluate Spreadsheet from BP files and then punch in the numbers on all those properties so you can do a side by side comparison............remember this is the initial analysis based on pro forma which will most likely change once they have given you the actual.

1 October 2015 | 8 replies
Also a friendly reminder that typing in a all CAPS is like shouting on forums.