What is a BURRR? Is there a legend somewhere for all the other acronyms? There are several in some of the posts I've read and I am quickly Today is my first time in this forum here and not knowing the lingo, I get lo...
Hello community! I am looking at a deal and wanted help analyzing it. The price has been lowered twice by about 10,000 each time to 249,900 now. It is a 4 unit comprised of 2 bedroom 1 bathroom. It looks to me that th...
The coin-operated washing machine in my 4-plex required repair and I overnighted the master key to an appliance repair company in Colorado Springs, as I live 4 hours away and could not immediately be onsite.After the ...
Hey guys how do you keep your capex/vacancy/repair/reserve accounts? Do you guys create a different account for each property to keep track of it better? Do you keep different accounts for capex and a different one fo...
I'm looking to acquire 10+ SFR rentals. Let's assume I've accounted for all the following expenses before profit:
MortgageInsurance
Vacancy (5%)
Repairs (5%)
CapEx (10%)City Services (utilities, etc.)Let's assu...
Is there an online calculator in which you can put in all the other variables (repairs, vacancy, desired cap rate, interest rate, closing costs, rent, etc) and have it calculate the purchase price? In other words, a ...
Here in New York we were ordered to not travel. They deemed what was essential and what wasn't. I have seen mixed reactions from landlords on how they are handeling tenant issues during this time. Can anyone on lockdo...
Hi All,I have a question about the mobile home park syndication. From one syndication deal, I constantly received the same amount of the owner distribution each month as an LP. I did also invest in some other multifam...
I am getting started with viewing commercial properties with leases and I wanted to know what to ask the landlord agent and what to look for in the lease as well as what to look for when it comes to damages and constr...
I have the opportunity to buy income properties from a company called Strongbrook. I have come across BiggerPockets (thank goodness) and have read a forum on Strongbrook that has made me wary. I too have had some...