Estrella Carolina Mckinney
What costs do you evaluate to ensure that the property is profitable?
I evaluate taxes, service fees, maintenance costs and other expenses to ensure that the property is profitable.
Which ones do you take into account?
Davion Malwah
Is this realistic?
I was doing some newbie number crunching and came up with this:
50 Units $1,000.00 per unit
Gross Monthly Income- $50,000
60% Mortgage,Insurance,Taxes,Misc.- $30,000
Net- $20,000
Are these numbers accurate?
Robert Gillenwater
Help with Mobile Home Park Analysis/Offer
We just made an offer on a 20 unit MHP. 100% occupied, 10 units are Park Owned. Broker said our offer didn’t have a shot with the owners and wouldn’t present it. We offered 440-460k plus market value of the park ...
Richard Humphreys
What Am I Missing?: First Time Investor
What am I missing?I am a first-time investor. I have located a triplex in a college town of 69,000 people. The state university has 21,000 students. The triplex is located 1 1/2 miles from the State University closest...
Alessandro Pascucci
Running some numbers 🧐
♦️This is what I do to estimate my entry point - VALUE ASSESSMENT - “We make money when we buy not when we sell..... right?”1) I look the average price in the area (similar properties - number of beds and baths) and g...
Gwendolyn Davis
2, 50, and 70% rules
Hello all,I am reading The Ultimate Beginner's Guide to Real Estate Investing. My question to you all is: How do you calculator for multifamily units? I'm practicing using the rules and here are some details. Includes...
Tom Smith
Best way to figure out expenses to ask a property manager?
Is the best way to figure out expenses for new property deal to ask a property manager instead of using craigslist, rentometer, etc.? Will asking property managers directly about the rents/expenses for a particular pr...
Marcel Theisen
First 4-Plex: Deal or No-Deal?
Hi, I'm working on my first investment deal so I would appreciate any advice. 4-Plex: $205K (already negotiated down as much as possible from list price). Marginal neighborhood- relatively strong rental area but not e...
Ryan Brown
Evaluating my 1st Multifamily Deal
Hi All,
I
am nearing an offer on my first multi-family deal in Riverton, Wyoming. I am
doing my best to be thorough in my property evaluation and approach
this as a business rather than a hobby, but recognize I...
Achraf El Churafa
Cleveland OH - Multi Family - Expenses Cost per UNIT
Hi Guys, I am relatively new investing in Cleveland Ohio. I purchased my 1st 6 unit building in March 2016. It has been going very well. I am looking into jumping in to a new building from 10-20 unit. I have noticed s...