I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...

I'm using the "Multiunit/Cap Rate" method to determine the price on a duplex.  Stated annual income is $9,600.  Using the 50% rule, I'm expecting expenses to be approximately $4,800, giving me a $4,800 annual NOI.  At...

Hey BP, I'm analyzing potential deals and seeing some annual taxes that seem higher than other properties at the same listing price. What does this mean?

I have done a little bit of research and it sounds like Yardi is the best, albeit pricey, property management software available. Buildium doesn't do commercial which I need.Yardi requires a 1 year contract and a $240...

hi all,I have been pouring over this site and the great info regarding this subject that is already on here.  To be blunt I have generally been a financial misfit until the last couple years and now at age 42 I need t...

Hey Guys,I am trying to calculate Cash on cash return when a BRRRR is done. Here are my inputs:Purchase price is 102K (19.6K down pymt, 78.4K mortgage and 4K closing)Rent is $1,500.Rehab cost $15KExpenses are coming t...

Hi All,I'm narrowing my focus and strongly considering buying a condo in Maui as in investment. This will be my first investment property. Two part question.I have two options for the mortgage - classify it as a 2nd h...

In the spirit of Goal Setting, here are my top 5 Tips for ensuring you set goals with the highest probability of success.
1. Problem: So what? - At a high level often people set goals that don’t align with their ove...

I have some questions regarding the purchase of a personal residence, potentially via an LLC (state of CA). The following describes the scenario and goals (which are somewhat unique). The names and amounts are fiction...

What's up BP, Do you guys have a different set criteria for your analysis when it comes to CASH FLOW including CAP EX vs CASH FLOW without CAP EX or do you just base your analysis including CAP EX. Quick Example, Runn...