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is there a free site or app to analyze a rental 5 years & not 1yr
22 July 2018 | 2 replies
im planning to buy a 3 unit property in NJ here is the details purchase price $369000seller concession $10,000closing cost $15000downpayment $18500rate 4.651%1st floor 3 bd 15002nd floor 3bd 1418 (section 8) hoping to get $100 or more 3rd floor 2 bd 1250property taxes 11500 ( with town stating 2% increase upcoming year) so add 300 to that insurance is 200 a month estimate water is 200 a month estrepairs 200 est ( was recently rehab 5 years ago)vacancy 200 estmisc 100 esttotal cash down is 23k for everything reserves taxes etc since 10k concession is going towards closing imliving in one of the unit's bedroom with cousins so i expect to net $600 a month and live rent-free. the basement is unfinished but would like to find an investment app or site that will show me 5 to 10 years from now how this investment will be seeing how i would live in the property for 1 year.
Jim Welch
How long should my flip property sit on market before I worry
28 July 2018 | 69 replies
Use the BRRRR calculator on this site
Paul DeSilva
Successful first time BRRRR!
13 October 2018 | 111 replies
This would not have been possible without the BiggerPockets Website, Podcast, the books I have read and a lot of persistence, patience, and planning.
Martin Sterling
How To Find Deals other than Direct Mail
22 July 2018 | 1 reply
In some areas you can go on the county website.
David F.
Rental Advertising and Fair Housing Laws
22 July 2018 | 1 reply
For a list of all fair housing groups, go to the Housing Rights Center’s website at www.hud.gov.
Glenn Clapp
Digging into Distressed Apartment Buildings
23 July 2018 | 1 reply
You are off better off looking at a local realtor's site or searching off-market.
Jason Gaccione
Where in New York for a first deal?
12 August 2018 | 22 replies
Hello Everyone I haven't posted too much on this site until now but Ive been a member for years.
Sean Monahan
Does anyone else have input on Loftium as a start up?
26 February 2020 | 14 replies
@Sean Monahan You can still inspect your properties as normal - you'll just give your standard notice and communicate that to Airbnb guests.Loftium requires long-term tenants to hold renters insurance, and Airbnb provides $1M of damage protection and a separate $1M primary liability insurance for every booking.Most repairs don't get in the way of Airbnb hosting - i.e. if the stove is out, that can be communicated to guests - and as long as repairs are made on a timely basis, there's no penalty.We sign a standard 1-year lease for the first year, and can sign a longer lease after that if both sides are happy with the process.Feel free to check out my profile and the Loftium company profile on BiggerPockets for our website with more info.
Samuel Brand
New member in Boston, MA
15 November 2018 | 12 replies
Lots of great info on this site to help you along.ThanksRobert
Nick Barker
Newbie in Minneapolis, MN Area
23 July 2018 | 8 replies
You will never factor out all risk and the web will only prepare you so much.