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Results (10,000+)
Jewel Adgerson The Right Comps for Accurate ARVs
24 March 2015 | 4 replies
There are 5 comparables; many of which were sold in the last 6 months As-is.
Account Closed whats the point of a foreclosure auction if mortgage> value
24 March 2015 | 4 replies
i did comparables myself with mls
Dottie W. This may be my first deal - need help with ARV
28 March 2015 | 26 replies
My intent is not to be harsh, but wholesaling is not the easy path the gurus make it out to be.
Kevinn Harris Private Money Presentation
31 March 2015 | 3 replies
I really think going over stock market investments, or comparing the two  is touchy.
Edward Shin Former BP Lurker Saying HELLO!
31 March 2015 | 6 replies
I plan on attending my first local BP meet-up this week to network with actual humans, and would love it if you reached out to say hello, and/or to compare investing notes. 
Francisco O. Philadelphia metro area recommendations
15 June 2016 | 5 replies
These areas are all connected downtown via rail and have close proximity to a number of schools, but have a slightly more mature population compared to say Manayunk.  
Colton Kuhn Which management companies have you gone with and had good results in WA state?
28 March 2015 | 1 reply
Compare their track records, compare their contracts.
Paulo Gama Multi Unit Apartment Investing: Akron, Cleveland, Youngstown
7 March 2017 | 11 replies
The advantage we have is price, things are incredibly cheap here compared with the rest of the country.  
Account Closed Help! Drastically different valuations.
28 March 2015 | 9 replies
In this document they will pull comparable sales and those will be the base for the number you are getting. 
Mitchell Benson My First Tri-Plex Rental Property
28 March 2015 | 1 reply
Don't be afraid to bring in a basement foundation repair company and get a quote to get the issues identified and fixed. 20% of 110k =  22k Down110k - 22k =     88k  Financed88k @ 4% for 30 years ===  Monthly Payment of $420  (principle and interest)Other Numbers you'll need:Property Taxes  (get on the county website)Insurance (just call an agent or ask owner)Repairs    ( Really depends on condition of property, 10-15%)Utilities    (get as many months of bills as possible)Property Mgt (even if you plan on doing this yourself)vacancy     (depends on market and property, 10%)LawnCap Ex    (depends on property but sounds high on this building) 15%These are VERY VERY rough numbers but lets look anyway...Gross Rent- 22,500 (assuming all 3 are rented at 625 and no washing machine income)ExpensesP&I-          5,040Taxes-      2,200 ( I figured 2% of home value)Ins-           800    Repairs     2250     Water       1800    (150/mth)          Look into heat billVacancy   1125Prop Mgt  2250Lawn         300Cap Ex      3375Total        19,140  22500-19140=  3,360   Cash Flow YearlyInvestment of 22,000 /  3,360 = 15.2% ReturnPlus tax advantages, paying a little down on mortgage, possibly appreciation, learn a lot.Location, Basement, Local Market, Comparable properties, and firming up numbers ALL need to be looked into.Let me know what you think!