Hello everyone! need help locating a post or category(ies) to guide me in putting together numbers for assessing a deal. i.e. Whats a good return $ per $ (out of pocket $ vs income), expenses, etc. THANKS!
Just wanted to chime in that I'm excited to start Matt Aitchison's mastermind Flipping courses. Loved everything he's put out so far and after hearing him on the BP Podcast it drove me even more to be sold on him.
Any...
So I am looking at available properties that I could possibly syndicate (while I am experienced with residential real estate, I am relatively new to commercial RE). Here is a situation:- Property type: bank leased NNN...
Trying to figure out a % percentage between 3 partners. One partner would be putting up most if not all of the capital. Please advise for % purposes. Thank you
Hello BP!!!!! I'm trying to figure out my depreciation for the upcoming tax year.I've only owned the rental since August 2020. I'm under the impression that you addpurchase price + rehab costs and - land value. Since ...
I looking at a property and the owner lists it at a 12% cap rate. I did my math and the real number is closer to 8%. The property is class B or C. I am new to this, but it isn't prime and isn't terrible either.When ...
Hello everyone, This is my first Airbnb near the downtown LR area. It’s been listed for about 2weeks and someone has booked it for 30 days. The guest is asking “How much is it nightly” but the price is shown as $84. H...
I talked to a man today who said when he bought a couple of rentals 30 years ago, he used a rule of thumb that said "purchase price was monthly rent times 10." Anybody heard if this?I also talked to a lady who is real...
Is asking a realtor basically the only way to know what rents are in a given area?Zillow has a rental property search feature but everyone says Zillow is not that accurate.Trying to research rents in a market...Thanks...
Can anyone give me advice on how to figure out cashflow for rental properties.A lot of detail but simplicity would be best, Im gearing up to purchase my first multi-family home.I am already approved for the loan and h...