When Analyzing The Deal:I know this may be very broad, but lets say they're both in Class B neighborhoods.What is more important when purchasing a property, Market Value or Comps?What is more important when selling a ...
When you estimate expense on an apartment building, I know it's recommended to go with 50% of the gross income. But what about areas where rents are very high? What's the best way to be accurate and conservative at th...
our rental portfolio can either be your ticket to financial freedom or a massive headache, but it’s completely up to you, the investor, to decide. Many investors who have been stacking up properties over the past few ...
I have a quick question concerning pricing for AirBnB or VRBO rates. For those of you who frequently 'rent' out your homes or property, have you ever looked at pricing algorithms similar to https://beyondpricing.com/ ...
Hello BP
My family and I currently own a 4 unit multifamily in Westchester NY which we had inherited from my grandparents. My brother and I are in the process of buying the 2 other family members out. My aunt own hal...
Deal analysis
List price: 29,999
House details: 3 bedroom 1 bathroom
Avg rent: 850-950
EXPENSES:
Monthly taxes: $47
Insurance: $75
P&I : $111.83
Repair : $45 (5%)
Vacancy: $45 (5%)
Cap ex: $45 (5%)
Mgmt: 90$ (10%)...
Question regarding comparative market analysis for properties: Has anyone used an automated system like Propelio to get comps for an area? I know that they are not going to be as accurate as someone experienced in pul...
Hi everyone my weakness is understanding repair costs and until I get more experience I'm wondering what the best application is for your phone that will help you until you have more experience figure out remodeling ...
I purchased a four unit building early this year. Part of the down payment was borrowed using a 2nd mortgage against another building, so my real equity is lower than the building value less the 1st mortgage. Financ...
Why we don’t like ARR (Average Rate of Return)
It’s easy to skew the numbers.
Here's an example of a positive ARR of 12.5%, but the investment loss is $50.
Year 1
Start Value: $100
End Value: $25
...