Julian Wyer
Help. How do I manipulate the BP rental Calculator for my home?
e.g. I would like to plug in the current single family home I own to see it's rentability, but I'm not sure what numbers to plug in for the loan amount, down payment amount, apr, etc. Since I'm not purchasing the hous...
Ben Steuart
How much should I pay for a mobile home park?
Hi everyone, Im looking at a mobile home park for sale with 11 lots and a small house. Rents for each lot is $170/ month and house is $575. Owner said they'd sell it at $250k.The price seems pretty high when I compare...
Pascal Lapointe
Rule of thumb for buying multi-units in Canada
Hi everyone,My job allows me to work with clients that have real estate investment portfolios and work with real estate agents and after talking to many of them I concluded that it seems that the rule of thumb for buy...
Craig Osterloh
Metrics for investing
What metrics do you find most valuable when choosing an investment?
Of course cash flow is always the first metric I look at, but what about GRM (gross rent multiplier = purchase price/ annual rents)? Cap rate? Oth...
N/A N/A
How should I get $12,000 for rental property repairs?
My wife and I want to buy our 1st rental property. We are currently looking into a duplex that we could buy for $40,000. We can get a 6.5% for 15 years ($314/mo for P+I) or a 7% for 30 years ($240/mo).
My wife and ...
Shaheed Crier
How do you price an apartment building off rent.
I'm looking at a 9 unit building.
All one bedroom units
Monthly rent is $7450 annually $89,400
Building age 46 +/- 1
Cap rate 5.22%
Asking price $989,505
How do you use the rental price to get to a building value?
...
Diana Rivera
Need help on rehab calc ASAP
I wanted to run this property information by the group to see what you thought. It may be my first deal if things workout. First of all I decided to market from Redondo Beach down to seal Beach… Any feedback on those ...
Account Closed
Property is not cash flow positive when rent x 75% then what calc
If a property is not cash flow positive when rent is multiplied by 75%, then how would a conventional lender add this calculation into your DTI? Example $4000 a month 12 month lease signed, actual monthly debt is $327...
Chris Troutner
Using appropriate comps for multi-family analyses
Hi, I am a new BP Pro member and I am committed to making my first purchase in the next couple of months. I am analyzing as many properties as I can. I am very interested in small multi-family units (2-4) as an initi...
Michael Dunn
Mortgage Payment "FORMULA" ?
What is the Formula to figure out what your monthly Mortgage payment ( including Interest,Taxes,Insurance ) will be ( assuming a 3.5% Interest Rate and a Good Credit Score of 700 to 750 )? I narrowed it down to multip...