Jeremy Clark
Rental property calculations
Looking to purchase my first MFR. I have been researching for long enough and I am ready to purchase my first one finally. When doing my calculations to make sure the property is cash flowing I am curious what others ...
David Rey
Skiptraces numbers are discconeted
I skiptraced a bunch of numbers and I am making cold calls to what I hope are motivated sellers. However I am getting a lot of disconnected numbers in the mix. Like a large percebtage of the numbers I had skipped. IS...
Chrisie Allemand
Questions on Lending
On becoming a hard money lender in Florida, is there is a license needed? If no, are there any other legal concerns I should be aware of? What is the percentage of deals that fall through? How long is the general ho...
Ryan Daniher
Salisbury MD, Real Estate Investment advice and analysis
Hello Biggerpocket members,I have a portfolio of investments in Salisbury, MD that I am analyzing as buy-and-hold student rentals. After providing all correct numbers (insurance, management, and property taxes) for re...
Marija Petrovic
10% down 10% interest 5 year ballon 30 Year amortization
10% down 10% interest 5 year ballon amortization Can someone explain to me exactly how this works please. 5 years 10% interest - does it mean for 5 years you only pay interest?Thank you!
Spenser Murphy
Property management rates
I understand property managers charge half a month's rent per new tenant. The monthly percentage ranges from 6-15%. What rate can I get on a duplex? What factors affect the monthly percentage? I'm doing as much resear...
Shelly Scruggs
security deposits
Hello All, I am doing my first . rental contract agreement to manage a property. As the property manager in Maryland, can I charge a percentage of the security deposit and the first month's rent as a fee for services,
Sam Prakash
IRA Investing
Could we use self directed IRA money as Earnest Money Deposit, inspections, appraisals, lawyer fees towards own syndication? Does anyone know a self directed IRA provider?
Anthony Parisi
Gross Rental Yield Calculation Question
Gross Rental Yield: annual rental income divided by my property’s value/price (multiplied by 100 to get the percentage). Where Property's value/price is comprised of the purchase price, all closing costs, and any ren...
Ronda Bogdanovic
Property management under a broker
I'm starting a property management company under a local broker. I am negotiating the terms of our agreement and I'm not sure how to structure our partnership. Should I give him all of the contract fees and no percent...