Hi all. Wanted some input if anyone has any ideas here. We flip houses in multiple markets with mid sized volume (67 closings so far this year and around 50 houses in inventory). We are in the beginning stages of r...
So, I've been browsing the MLS for some weeks, now. I've viewed some decent deals and some great deals, but there's a common trend: I don't have enough money for these deals! I'm curious to hear how the BP community g...
Hello BiggerPockets - I could use some advice. I own several rental properties in Grand Rapids, Michigan, and I am trying to decide whether I should pay for water and sewer service or whether the cost should be passe...
Hey all,I bought my first property a 2BR/2BA In April of last year (before I found BP or how to calculate cash-flowing properties), been living in it until about a month and a half ago. I'm moving out of the country ...
Hey all! My wife and I are preparing to start our real estate investing journey in the next year. We live in a super high cost of housing area in NW Montana so we are thinking we need to be looking at long-distance in...
Hello BP!I have recently purchased 3 turnkey properties from 3 different companies 6 months ago in Indianapolis and here are some updates. Also, I have a really large problem with one of the vendor/property and I desp...
Hey all, I'm analyzing a fourplex deal and wanted your input. I understand the numbers don't look great, I just want to know if I'm being too conservative in my estimates (especially on the turncosts, capex, maintenan...
Hi there,
I got as call yesterday from the property manager on a roof leak in one our SF properties. We've had two very strong rain storms over the past thee months and both have caused the roof to leak in one area. ...
I am currently reading "The Book on Rental property Investing" and have stumbled upon the term "Pre-Rent Holding Costs" and I'm not sure what it means. Do you have any information about this topic?
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...