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Hola! We're in FW, TX, and building duplexes to hold and rent. Is there a calculator for that? We'll build (150k) with cash and then finance (100k) out into a 15yr note. Our numbers are pretty solid as we already ow...
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Hey everyone,As mentioned previously, I am a finance professional looking at real estate deals on the side, and still looking for my first deal. I have found what I believe to be a good one and have fully negotiated t...
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This would be our first property. Am I doing these numbers right?
Owner will sell for 215K.
Gross rents = 2600
Expenses and NOI = 1300 (50% rule)
P&I = 1121 @ 4.75% 30 years
If financed 100%, we'd have 179 cash ...
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When analyzing a property on a site like LoopNet, do you use their NOI that the seller has listed, or will you calculate your own NOI using the 50% rule or something similar to analyze it?
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Good morning BP community,
I'm in the process of analyzing the purchase of my second 1-4 unit property. I plan on moving in to my new property "house hack strategy" however I am having trouble figuring out a good purc...
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I have been using Batch Skip Tracing.com to skip trace all of my leads, but now that I have Mojo I wasn't sure if I should sign up for the skip tracing service with them. They would be cheaper, but is it "you get wha...
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I know you investors out there dont ever plan on paying full price for a property...What are your techniques and strategies to knock down the purchase price? I am pretty sure some of you use the same lines every time ...
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We are under contract for a 4-plex. It’s in a very neglected complex with 7 other buildings (all owned by different investors). We did the inspection yesterday and the issues are a lot. Including: Roof damage, Wiring ...
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What's the best way to BRRRR using hard money? Is it possible? Do you recommend it for one just getting into real estate? Any hard money lenders YOU'D go with using this strategy? Tips and advice would be greatly appr...
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I'm going to be making offers soon, what's the best plan of attack? Right now my plan is to just toss out a crazy low number and hopefully the seller will ask for a higher number that's what I really want.