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17 March 2019 | 3 replies
Alicia, how do you measure success?
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16 March 2019 | 31 replies
If you are thinking that the measurable benefit to you is that you are doing a good deed by removing a potential criminal threat to these neighbors I disagree with that notion as well.
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14 March 2019 | 0 replies
However, I am not very eager to move into a home, nor do I have enough money saved up to buy something up to my standards.I'm basically wondering what would be the best route to go from here: Save up and buy another investment that I can rent out (like the idea of another duplex) and then purchase our "home" later, OR aim for the home now and worry about adding more investments after settling in and renting out my current property?
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15 March 2019 | 9 replies
These dimensions will serve as a starting point to get the rough shape of the house.The objective is to build a very simple 3D model of the house which can then be used to derive areas and volumes that can be used for estimating repair/remodeling costs more confidently, when you are denied interior access to the home and can't measure/inspect the interior space.
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18 March 2019 | 9 replies
Likewise, I am brand new to BP and this weather is getting me very excited to take my motorcycle out for a spin soon C=I'm currently renting on the east side of Manchester and am aiming to buy a multifamily within the next 3 years, or so.
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15 March 2019 | 6 replies
For example, for commercial MFH I typically implement the following from his analyzer:Conservatively estimate expenses as 50%2% annual rent growth (again, being conservative)--I know this depends on the marketVacancy % = 1/[number of units in property]--ex. 1/6 unit, 1/8unit, etc.Ernest Money Deposit = ~1% of Purchase PriceCharge an acquisition fee since I'm procuring the deal = ~1%Charge capital transaction fee = ~1%Charge Asset Management fee = 1%Refinance after X years and sell after Y yearsGauge whether a deal is "good" if: Average Annual Return = 15%, IRR = 15%, Average CoC Return = 9%Can these measures be taken for 4plexes as well?
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14 March 2019 | 0 replies
One of our nine-unit apartment buildings has been having a few issues with security lately. We've had some packages and equipment stolen along with complaints of non-tenants coming into the common areas at all hours ...
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15 March 2019 | 4 replies
I sketch out the room and add the measurements.
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17 March 2019 | 10 replies
I would go the route of bird dogging for a wholesaler and learning from him if that was your aim.
17 March 2019 | 17 replies
Looking at the expense ratio is a good way to measure that.