Tom Myers
First post on Bigger Pockets, but have experience. Welcome everybody.
13 August 2015 | 5 replies
I learned a tremendous amount of insight and value on how to analyze and underwrite not only commercial deals, but small multifamily as well.
John Byrne
In need of some advice.
14 August 2015 | 12 replies
Analyze a house with and without those advantages and see how much difference it makes in your profit.
Dawn Oree
I Finally Have The Courage To Start Investing Found The Unit Need The $$
13 August 2015 | 7 replies
You should learn how to analyze the numbers.If you don't know how a good deal looks like...it's going to be difficult to line up financing and equity partners for the deal.Do a cashflow analysis.Here's a good spreadsheet that I use (I uploaded it in BP Fileplace:Cashflow Analyzer
John Miller
Taking a job as a home inspector as a first step toward real estate investing
16 January 2016 | 14 replies
@Gene Hacker, I was already interested in getting into home inspections to learn a bit more about analyzing a deal and estimating rehab costs, but since you do it and speak of all the benefits, it makes me want to do it more!
Jon Q.
Have a good yellow letter you're willing to share?
15 August 2015 | 25 replies
We passed on quite a few deals YTD and are currently analyzing another four off-market deals and in talk to buy another trophy property.
Abigail T.
New invester from Southern California
24 August 2015 | 31 replies
Also when comparing maybe a prospective buyers own market to some of the more popular TK markets, the price are more attractive.
Jeremiah H.
Not sure what to do with a house with equity and need advice
17 August 2015 | 56 replies
Analyze the cash flow and make your decision.
Vik P.
New member from Camas,WA
13 September 2015 | 3 replies
I have been researching and analyzing properties.
Nick Sparrow
Pharmacist from Utah
17 September 2015 | 14 replies
I do't have much to bring to the table, but I will say that I'm really good at Excel and analyzing numbers, and I will have some income to invest with (enough for about 1 deal a year at this point, but I realize that could accelerate).
Paul Kouri
How to calculate profitability of my current SF rental?
16 August 2015 | 0 replies
I believe by doing so I will learn a few things that I may use when analyzing new deals.Here are the numbers:Purchase price $85,000Downpayment $17,000Improvements $26,000Current monthly escrow $665 ($150 is principal)Current monthly rent $1,100Utilities by tenantAssumed sales price $120,000Current mortgage $83,000 (I re-financed at 3.5%, 30-year fixed to pay off my school loan a few years ago)I've been using the latter version for how much annual profit I make on my investment, as follows:$120,000-$83,000=$37,000 (in my mind I have $37,000 locked up in the property currently, ignoring sales fees)Annual net income=12 X ($1,100-$665) = $5,220 My return on investment = $5,220 / $37,000 = 14.10%Any thoughts on this?