Eviano I.
Basic Question: Return Calcs with or without Closing Costs?
Hi BP Community,I'm relatively new and I have a (what I believe should be) basic question: In calculating returns, should one include closing costs as cost basis when estimating cash-on-cash return and why / why not? ...
Steven Fudge
Help with long term pricing
Hello everyone, We have a property that has been Airbnb'd some in the past and we're considering renting long term to a friend. We're not sure where we should price this upstairs unit with some of the below parameters...
Antwaiyn Smalls
PRIVATE LENDING QUESTIONS
Good Morning Family,I am reaching out to get some information and guidance on Private lending. I have inquired to a few private lending businesses that provided some information on their lending instructions and pract...
Joey Morgan
Help with writing a "subject to" offer
I'm a Realtor in Central Oregon and a client wants me to write a "Subject To" offer. I've never written one of these before so any info would be super helpful! Like specific clauses to include, contingencies, etc.
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Surgess Santacruz
Low Voltage Wiring (Security/ Network/Audio/Video)
Hi wanted to get some feed back who are you guys using to wire your flips/ renovations in the area?I've talked to a couple of companies in the area and they are doing for for investors. How are you paying them? How mu...
Mike Dawson
Loan suggestions on 26 unit?
Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
Kevin Reinell
Flip/BRRRR Carrying Costs Strategy
I have a partner that I am taking down a STR with and we are planning to use hard money to fund purchase + rehab, exit out through a refinance most likely. My question is how do flippers or others experienced with BRR...
Logan Splinter
BRRRR Calculator Misconception
For all of you BRRRR calculator masters out there, I have a quick question for y'all.When it comes to "Total Cash Needed at Purchase" I believe this is deceiving. At first I was thinking all i needed for actual cash t...
Chris Martin
What is southeast NC?
Here's my view of southest NC. It doesn't include the triangle area. It does include enough of Wayne county to include Seymour Johnson AFB, and does include Fort Bragg. Camp Lejeune is right there at my place in N Top...