Matthew Christofferson
New Member Intro. Where do I start?
25 October 2024 | 8 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Kyler J Sloan
Treehouse Appraisal Process
24 October 2024 | 14 replies
If you calculate that this will generate a ton of dough like @Dave Stokley says, then it really doesn't matter.
Andrew Rivera
General questions regarding regarding LTR using DSCR for section 8 tenants:
23 October 2024 | 1 reply
I'm looking to dive in and learn so I've been just trying to practice underwriting lots of deal as best as I can to calculate the cash on cash returns and DSCR ratios.Thank you to all who answer!
Don Konipol
Why Investing in Notes Can be for Income, Capital Gains and Wealth Building
23 October 2024 | 4 replies
We calculated the collateral value of each property, and told him we would be willing to do a release based on (1) a payoff of our estimate of that properties collateral value PLUS (2) a extra fee (profit) to us of $50,000.
Nasi K.
Agriculture Tax Exemption
23 October 2024 | 3 replies
We bought 1.5 acre of 15 acre land which was in agriculture tax exemption in middle of this year. how can we continue to get the same agriculture exemption for this and next year. we had calculated the maximum tax as $100 for the entire year during the closing due to agriculture tax exemption and have prorated accordingly for our 1.5 acre.
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
I can only see the benefit of forming a self performing property management company if you believe you can be more effective on cost and service than the local 3rd property operators and even cost can be tricky to calculate because most focus on the management fee that's charged rather than the cost to put out fires when they do arise.
Juan Alvarez
To sell rehabbed property or hold options
22 October 2024 | 10 replies
Would like opinions on things to consider that I may not be thinking about as a rookie on conventional or DSCR loan assuming it appraises for the calculated ARV during analysis vs finding other ways to flip now.
Tom Brooks
Have come across Justin Wilmot Lead Partner University - can't find any reviews...
27 October 2024 | 24 replies
And you have hundreds of students, (which based on my calculations, you've made millions already in selling this crap) yet over the course of 8 months not one of them was successful?
Brandon Moore
Good to be here
23 October 2024 | 4 replies
Test drive the tech products - part of the BP pro membership is access to our amazing tools like Market Finder, Deal Finder, Rental Calculators, etc.
Account Closed
What Is the 70% Rule in House Flipping?
21 October 2024 | 4 replies
This is the first calculation we perform when presented with a loan request and tells us whether the deal is worth pursuing.The 70% rule of thumb assumes the property is a flip, that there will be a hard money loan, and an agent commission paid upon sale.