
1 February 2019 | 15 replies
@David Ribardo and @Joe C jump in with any edits/comments you might have Purchase Price $149,900 (50K a door rule looks good) Three units total gross/month 2239 (1% rule looks good) Fixed expenses: Taxes 2517, Trash 1125 (375/unit in Allentown unless private collection deal previously arranged) Insurance: 703 Common Electric: 519Water/Sewer: 802Allentown Fee: 225 (75/unit/year) Variable Expenses: Vacancy: 2239 (One months rent of each place, or 8.3%) Management: 1800 (50/door/month) CapEx/Maintenance: 3000 (1000/door) Total Operating Expenses: $12,930 Total Gross Income: $26,868Net Operating Income: Op Ex - Gross = $13,938 Divide your NOI by the cap rate your looking for and you have your offer price.

14 June 2018 | 3 replies
Is she willing to either (A) kick them out and ruin the relationship or (B) have a hard conversation with them?

14 June 2018 | 5 replies
Document all conversations you've had with all involved parties immediately.3.

27 June 2018 | 5 replies
-Should I just focus on getting a private lender to help financing instead?

4 July 2018 | 3 replies
I'll Private Message you as well.

20 June 2018 | 8 replies
Conversation about up and coming areas near the city are not hard to find.

21 June 2018 | 2 replies
I learn best by discussion and conversation and would like to meet investors in my area and market.

9 July 2018 | 19 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

15 June 2018 | 2 replies
Hi @Andrew Merritt,You have a few options.First, you can try to bring in your brother-in-law's parents as private money lenders.

14 June 2018 | 0 replies
Currently only buying of MLS.Also interested in private funding...