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Results (10,000+)
Nick Quintin My Landlord is selling duplex, potential 1st deal
2 July 2018 | 3 replies
Here are some preliminary numbers I ran: 260K FHA no repairs and current rents on left, 300K 203K, reno and higher rents on right: % Down Payment 5.00% 5.00% Down Payment $13,000 $15,000 Remainder of closing costs $3,000.00 $3,000.00 Total Due at Signing $16,000 $18,000            Mortgage Rate 4.60% 4.60% Length of Mortgage in years 30 30 Monthly Mortgage payment $1,266.00 $1,461.00 Taxes $386.00 $445.00 Sewer and Water $50.00 $50.00 Trash $50.00 $50.00 Heat/Utilities $ - $ - PMI $ 180.00 $ 208.00 Cap Ex and Ops $200.00 $200.00 Insurance $65.00 $75.00 Mgmt Fee $165.00 $165.00 Vacancy $132.00 $132.00 Total Expenses $2,494.00 $2,786.00     Unit 1 $500.00 $700.00 Unit 2 $900.00 $1,100.00     Total Revenue $1,400.00 $1,800.00     Cashflow/month ($1,094.00) ($986.00) Cashflow/year ($13,128.00) ($11,832.00) Cash on Cash Return -8.42% -6.57% I have not talked with the seller in detail yet, as I want to see if this is worth a deeper dive first. 
Oleg Serdyuk What would be the best State/City to buy rental properties
25 June 2018 | 5 replies
I also like using the cap rate in apartment complexes versus the comps used in house value and adding value with a greater return on apartments. 
Will Carson What materials should be on hand when seeking private money?
4 January 2020 | 4 replies
Will Glaeser Lenders want to have your income (tax return, pay stubs, w2), credit, experience, bank account, LLC operating agreement, purchase agreement, scope of work, market comps, property evaluation, exit strategy.
Joe Farrance HUD Homes for wholesaling or fix and flip
24 June 2018 | 4 replies
Hello still experimenting with this process of wholesaling and trying to find houses that would be a good fit for a local investor, so with that in mind I'm trying to find flipper uppers that will generate at least a 15% return for a flipper.
James Heacock Memphis Invest- home costs, net ROI questions
23 June 2018 | 1 reply
I am basically trying to determine what my net return will be, how much cash will be left over at the end of each month, etc.
Shay Tes Getting started over seas.
23 June 2018 | 0 replies
I am very very new to real estate investing (been listening to a couple of episodes of bigger pockets over youtube).My main goal is to start building a second income, and buy more real-estate assets over time. i was think about buying a single/duplex with a friend together as my first investment will be a good start for me. i live in Israel. and real-estate here is very expensive here and its require a big investment just for my first asset, also the return rates are very very low.so my question is what do i need to do .- Do i need a back account in the US.
Barry Vaughn I need help with a purchase of an investment property
24 June 2018 | 2 replies
My opinion is that as long as that loan is making you a minimum return percentage after the debt payment is made. 
Jacob Holth What are you essential analysis equations?
26 June 2018 | 10 replies
If it's super low like 4-5%, go plant it in a good mutual fund and get the same return without the hassle of being a landlord.
Derek Scott Third party service that collects rent in cash
24 June 2018 | 8 replies
This does have some limitations in that cannot stop them from doing partial payments, which could be a problem if they are facing eviction, etc— but if this is an issue then I guess can just return the money to them without jeopardizing your eviction time frame etc, as long as you have clearly said that no partial payments accepted.
Joseph Watson Anyone specializing in lease or rent to own? Or that a dead end n
26 June 2018 | 17 replies
We believe our returns are better than straight renting, otherwise we wouldn't do it this way.