Steven E.
Is my cash flow projection way off?
Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Brian Brokaw
Analyzing mobile home park
I currently have 3 mobile homes I am renting out that I paid cash for they are not in a park. I live in Arkansas and have ran across an elderly couple wanting to sell their mobile home park. Below are the numbers I ...
Account Closed
Multifamily rental property, a ratio of expenses to income
Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...
Sunny Karen
Future cash-flow to fund kids education
Hello BiggerPockets community,I wanted to get some feedback on my strategy to fund my kids education using real-estate. My older one is ~14 years away from college and younger one is ~18 years away from college (if th...
Ryan Moore
Am I Doing This Right?
There is a property on Fannie's website in my area. List price of $39,900. Rents in the area comp out at $1000 median, so let's assume a low number of $900. Light fixer that doesn't look too bad, so figure $2K in pain...
Becky Hoffman
How do you save for taxes?
Do you open an account to escrow your tax costs or is there another way? I'd rather not have to open another bank account if possible.
Account Closed
Where would you live before starting RE Investing?
Hello BP, here’s my personal situation:
Fresh out of the military
Living with significant other
A good chunk of debt
No savings
I’m reading Set For Life, and I’ve read Dave Ramsey’s Total Money Makeover. With th...
Nate Anderson
5 Utility Considerations Every Multifamily Investor Should Know
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...
Bill W
First Property
I love this site. I am buying my first Property, a duplex considerbly
under market value. Both units are currently rented although not for as much as they should be, and they are on month to month instead of a lease....
Joshua Fair
Balancing Profit
Current mortgage on house with taxes and insurance is $800.00 I can currently rent my house for $1,400.00.
How much of the $600.00 would you put towards expenses and how much would you take for profit. What f...