24 March 2020 | 9 replies
Here's a quick guide for getting started in toilet paper arbitrage:Step 1: Find a Distributor or ManufacturerStep 2: Acquire Toilet Paper (in bulk)Step 3: Wait for Prices to SkyrocketStep 4: Sell Toilet PaperStep 5: Repeat...Important Metrics: - Price Per Roll (PPR): (Total dollar amount of rolls sold ➗ Total number of rolls sold)- Price Per Wipe (PPW): (Average Price Per Roll ➗ Total number of wipes in one roll)- Wipe Rate (WR): (Total number of rolls ➗ Total number of days)- Toilet Paper Coverage Ratio (TPCR): (Wipe Rate ➗ Total number of rolls ➗ Total number of days)Right now I'm working on getting these uploaded into the BP calculator for Pro members... so stand by.Good luck!
9 April 2020 | 3 replies
I am paying “cost” meaning builder level cost for material and minimal average labor costs with no profit for the builder of record.
5 April 2020 | 2 replies
I don't have enough extra capital to invest seriously in all three, so I'd prefer to focus my time/money.So, while I feel confident in my next business idea, I also know that about 2/3 of the businesses I've created over the years have failed to turn a significant profit, so real estate seems like a better way to diversify.Here's the problem: From everything I'm reading, it seems like the cashflow from rental properties is relatively low on average (e.g. $200/month/unit seems to be a common example).
5 April 2020 | 4 replies
Few items to consider.Management fees because of the size in rents I assume its a large multi-family.Closing costs don't even amount to 1% generally speaking 3-6% closing costs is the national average.
5 April 2020 | 3 replies
9/11Financial CrisisPandemic 1987 market collapseOk, so wildly average about every 10 years or so.
11 April 2020 | 12 replies
I think I’m panicking because I currently have 12 single family units that net an average of 6800 (30 year loans on most) a year, and also only cost me an average price of 45k each(they are all worth close to triple now, I got in at a crazy time and renovated all of them.)But each unit on this purchase only nets 3200 a year(the Loan is for 15 years, not 30 so payments are much higher).
9 April 2020 | 1 reply
Average caps for my market....C- 8%-12%+B- 6%-8%+A- 5%-Our market is pretty linear in the market corrections.
13 April 2020 | 5 replies
Austin is strong.Leasing is still going strong albeit with slightly above average price reductions.
10 April 2020 | 5 replies
The average CAP for the city is about 7.6.
10 April 2020 | 1 reply
Here's some additional information on how I did the calculations in the report, as well as some insight into my current situation.Average Rent: Did an initial search on Rentometer for average rent in this area (calculating based on $725; 3 bedrooms).Expenses: I am using the 50% rule to calculate my expenses which is why I have left the "Fixed Landlord-Paid Expenses" empty.