Hi. I have a small property management company. The tenants pay the rent to my company, the company pays all expenses and repairs and then gives the owner their cut minus the commission. For example, yearly rent is 1...
Hello everybody! I am brand new to BP and I am so excited to my REI journey. This question will probably make me cringe in a month or so but here goes nothing. My friends are moving out of their house, they left it in...
So I was using the bigger pockets property analysis tool for the first time today (since it’s free all weekend) to compare the results to a financial model I built in Microsoft Excel and found myself wondering why som...
I'd like to hear from Idaho area flippers on amount of profit they are trying to get out of a flip. Has the "hot" market in the Boise area made it more difficult and you've had to lower your spread?
How do I calculate my purchasing power for an owner occupied multifamily unit using an FHA loan? Is 75% of rental income subtracted from the PITI payment, or is it added onto my monthly income?
I know lenders will go off recent tax returns for my current properties. But do they go off of overall net profit after subtracting repairs/upgrades that are claimed to each property. Or do they go off of strictly the...
I've heard conflicting scenarios in regards to the wholesalers fee and was hoping someone could clear it up. Which one of these scenarios is the typical scenario for a wholesale fee:Scenario 1: ARV * .7 - Repair Costs...
Hello I'm new to the real estate business and my goal is to become a wholesaler. I'm wanting to understand the correct formula in order to offer the right price to seller and buyer. But I'm having some confusion as to...
I'm a real estate broker in Northern Colorado and have been focusing on working with clients that owner occupy first then convert properties to rentals (we've been calling them Nomads).Any other agents out there been ...
Hi all,
I am new to investing, and am about to buy my first real estate investment. I am trying to figure out how to calculate my return (cash on cash?/after tax), and have had a couple different people tell me diff...