Good day hope you all are staying safe during these troubling times. I was just curious what metric/formula you all are using to calculate ROI on a 0% down loan for a rental. Obviously you can’t use COCROI.
Hi all, I have an out-of-state rental in Oklahoma. It's net income is a loss due to high turnover costs, management fees, etc. If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...
Hello all - i am a newbie here but had a quick question regarding the rental property calculator. I watched David Greene's webinar last week titled "How to make 2022 your best year ever". In that webinar, he walked th...
Hello everyone,I am seriously considering becoming a landlord, and recently I started looking at the "starter" properties nearby. Found a three-unit property with the asking price of $150k, property tax of about $7700...
I purchased a two-unit property in 2019 using a private money loan. I am looking to refinance but am struggling to find a lender that will work with me. First issue I am running into is my current mortgage officer w...
Good evening...
Well…I believe this property is worth taking a second look .
Property has undergone rehab but still could use upgrading. Blue collar profile and working class property. 3 story garden style.
I’m re...
What would your offer be, rough estimate?What would your P%I be ?21 units total gross yearlyincome 201,6005% VacancyExpenses PM 10% of gross ?Taxes 32k yearInsurance 16k yearmaintenance 10 % of gross ?Common area util...
Hi - I started in earnest July 4th Weekend. I have a $1.5M deal I would like to walk through with someone who is experienced. It is a 24 unit Apartment in WI. From the CAP Rate & Gross Rent Multiplier and oth...
Hello BP, Long time, no talk. I am in the midst of acquiring my first rental property. My dilemma is I am looking at 2 properties that are polar opposites when it comes to cash flow. Here is how the numbers stack up: ...
Hi, I am new to this forum. My question is what is your average net income per door? Excluding mortgages/loans.