Please check my Math
When analyzing rental properties I use the BiggerPockets Rental Property Calculator. It is an easy tool to use and it can quickly show if a deal is worth pursuing. Assuming the deal is good, you ...
Hello,My girlfriend and I (25 & 28 years old) are looking to purchase a 2B2B condominium in the next year or two so that we can live it in for 3-5 years until we purchase a house to raise our family in (more info ...
My father and I are working on our first triplex deal and plan on transfer to an LLC after closing. I will be supplying the down payment for the mortgage and initial costs. Ultimately we would like all the profits/los...
Hey BP world! This my first rental property analysis and would like a much more experienced investor to look over this deal for me. Would this make a good house hack? I ran the numbers if I wasn't living there. I ran ...
We have our first potential BRRRR property under contract. Yay! Wondering if I can get some feedback on whether this is something you would pursue? I realize that everyone's goals are different, but we are looking to ...
I have seen a piece of commercial real estate on the market for under $70k. It is structurally sound in an area of town that offers rehab grants. It requires a full rehab, roof utils, wall, etc. taxes are at $1200yr....
Hey All - I am officially brand new to being a landlord. As of this past weekend, I had my first tenant move in. Being my first rental, I've utilized a local PM company that has pretty reasonable rates, and they got m...
What’s up everyone! I’m looking into this duplex that previously burnt down and is now a new build. They were asking 500k for it, Now it’s down to 475k. I’m thinking of selling my house, (we’ll make a pretty good p...
I'm doing an analysis of one of my rental (BRRRR) properties. According to my QuickBooks, I'm doing ok. $480/mo cash flow. Plus another $250/mo mortgage pay-down. Feeling pretty good about myself.But then I looked...
I have a quick question about the general rule of a possible tenant having an income of 3x's the rent. Does this rule change any depending on number of kids? If rent is 1000, then an income of 3000 seems fine f...