Mark K.
Do these numbers look ok?
15 March 2018 | 3 replies
Mortgage with P and I, water, sewer, insurance, taxes, electric and such comes to $3569.
Ryan Davidson
Cap rate? What’s your thoughts?
18 March 2018 | 6 replies
Cap rate is difficult to find in smaller communities it seams (not that much product to compare).
Jessica Beard
Looking to purchase my first investment property out of state
21 March 2018 | 33 replies
When investing in Cleveland be aware that I believe the standard is for landlords to pay water/sewer/trash.
Jesse Os
Requesting Seller's / Landlord's Tax Return
15 March 2018 | 17 replies
How about water bills?
Andrea Hauserman
Include Property Mgmt fee in Cap Rate calculations?
14 March 2018 | 5 replies
I would take both comparables and income valuations (cap rate) into consideration.
Nicholas Rohde
Newbie looking for thoughts
16 March 2018 | 4 replies
Compare your values to the actual values.
Marc Biviano
Solar Panels on roofs
29 May 2018 | 39 replies
@Russell Brazil Not trying to compare status of real estate success than for any other reason than he has an entirely different opinion on solar conditions in DC/MD/VA.
Joseph Parker
New to BP - question about Seller Financing
16 March 2018 | 4 replies
Comparing these terms to the best financing I've found through a bank ($320k loan, 5.5% fixed for 10 years then refinance, amortized over 25), with same purchase price and down payment, results in a lower monthly payment by $315/mo, plus my principal balance after 10 years of payments through bank financing would be $240,000, compared to the $180,000 balloon that the seller wants at year 10.
Jim Hiler
5 Unit Deal - Owner will only accept Cash/Hard Money
15 March 2018 | 6 replies
The property consists of 4 structures - 2 duplexes, an SFR and 2 car garage, and has 3/4 of acre.Here is the link to my analysis using the BP calc assuming a $455,000 purchase price and below is quick summary.https://www.biggerpockets.com/calculators/shared/260799/874435c9-b77f-4f96-a3de-90be11c4cbbaThe asking price is $475,000, Assumed purchase $455,000.I've assumed $30,000 in repairs as a place holder (TBD)Current Rents total - $4,700 + an additional $75 in income from laundry machines _ According to listing broker.Taxes are $5,868 (verified)Insurance $4,500When factoring in other expenses - landscape maintenance, water, elec, vacancy, repairs, cap ex and PM I end up with $610 in cash flow.
Joseph Parker
Seller Financing deal - trouble with Amortization Schedule
19 March 2018 | 6 replies
Comparing these terms to the best financing I've found through a bank ($320k loan, 5.5% fixed for 10 years then refinance, amortized over 25), with same purchase price and down payment, results in a lower monthly payment by $315/mo, plus my principal balance after 10 years of payments through bank financing would be $240,000, compared to the $180,000 balloon that the seller wants at year 10.