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I am a new member eager to learn what strategies work in my market. I just watched the youtube video explaining the BRRRR calculator and how it helps to analyze deals. My question is does the BRRRR method scale to an ...
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Investment Info:
Townhouse other investment.
Purchase price: $185,000
Cash invested: $5,000
This property is occupied by my in-laws. Rather than paying to send our child to an expensive daycare, we...
Does anyone have an Excel template that they use for tracking business expenses and income? Please!!!
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Building a rental portfolio sounds easy when listening to a podcast or reading a blog article where the investor has accumulated dozens of units all at 1% rule multiples. But what to do in a market where you want to ...
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Hey guys, does anyone know a rule of thumb to use when calcing mortgage payments? Just trying to figure out some assumptions for the model I'm making. FYI I don't know too much about how different credit scores will a...
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Home Price130000Max home priceRent Income$1,800Lowest rental incomePrincipal20% down$90.00InterestAmortization table$580.00PMIN/A$0.00HOAN/A$0.00Repairs1%1% of home price or 5% of rent (whichever higher)$108.33Cap Ex5...
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Hey all,Looking to get involved in some real estate investments in Fairfield County CT and I have a question on determining max offer in areas with higher home values...Does the 60-70% of arv minus repair costs rule s...
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Lets discuss a little organization. I'm actually about to close on my first RI (no big deal...). I think i'm prepared and ready, but how do you guys organize your finances. Do you guys use a specific program? I wa...
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Hello all,I watched the brief video by Scott Trench regarding how to estimate common expenses in preparations of determining rental income potential and cash flow reserves. He discussed simple expenses such as basic u...
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Whats the best way to hand in expenses for Real Estate to an accountant? The first year I brought in a shoebox of receipts :oops: , now I just make a list of numbers next to categories like this:
[i]advertising - $50...