Michael P.
Is My Cash on Cash Correct?
Monthly NOI 350Downpayment + Closing 17kRepairs 14k(350 - This is NOI w/paid mortgage) (do I include mortgage in the CoC calculation?)Using 350*12/31000 = 14%
Olga Huxoll
SDIRA - I can't pay myself, correct?
Hi everybody,I am new to this forum and real estate in general. I am trying to figure out what I can do with my 401K from a previous employer. I know I can roll it over into an SDIRA account. However, if I understand ...
Mike Costello
Sales contract .... correct verbage, reference 1031
New to BP ... so, thank you in advance for your responses.
I have owned a SFH 1031 exchange property for exactly 5 years, two of which i used as my "Primary" residence. I am now selling and want to take advantage of ...
Brent Baumann
Am I calculating this correctly? TAXES
I have an appointment to meet with a CPA on Monday, and am researching everything now to test his knowledge in real estate planning. (any specific questions to ask would be helpful)I looked at all of the different ta...
Chris Coughlan
Correct way to calculate offer price?
I've read conflicting ways of how to calculate pricing.
Do you start with the ARV or "as-is" value?
For example:
200,000 ARV
20,000 in repairs
180,000 "as-is" value
I want to offer $0.65 on the dollar
1)
200,000 - 2...
Alexandre Harnois
Am I doing the BRRRR correctly?
Good day everyone,
I have questions regarding the BRRRR Method. I will explain my situation and I will carry on with the questions.
I own a house with a mortgage on it. In late 2021 I had a great oppurtunity and pur...
Jack Perfett
Do These Closing Costs Look Correct?
Hello!
I am currently in the process of purchasing my first multiunit house hack in the Philadelphia area. I am using a 3.5% down FHA loan and have received a loan estimate on a property. The property is $425,000 and...
Alphonso Link
Need help Nailing the arv correct
Hello, Biggerpockets family. How do you find the appraisal adjustment numbers. When calculating arv and comparing property I would like to have educated estimate on what the adjustments are on a extra bedroom or a gar...
Diem Tran
forecasting word. look for correct term
Hi,
What is that word: I have an actual current rent roll and would like to use this rent roll for the rest of the year to create an anticipated income statement. What is this term called? I can't think of it! I ...
Ivan Wong
Are we due for a correction?
I have been listening to several podcasts lately. It seems like a lot of the bigger players are starting to sit on the sidelines anticipating a correction in the near future. I was curious other peoples thoughts.