Adam Craig
five year fixed rate with a 20 year amortization and 20 year term
I am somewhat new to the commercial terms. My lender is offering a commercial loan at...4.25% with a five year fixed rate with a 20 year amortization and a 20 year term.Just to confirm, this means the loan can have th...
Phil T.
Software/spreadsheet for tracking properties
What is everyone using to track their rental expenses, income, etc? I have 2 duplexes and am getting everything ready for tax season. I found an excel spreadsheet on the interwebs that I thought would work ok, but i...
Jonathan Wigan
How do YOU determine the value of an investment property?
Cap rates, cash on cash return, 1% rule, value add, area comps... there are so many ways that investors decide what a "good investment" is. Do all of you put proformas together using some version in an excel spread s...
Account Closed
Anybody from New York for Milyer with sandwich lease options?
Hello bigger pockets, is there anybody from the New York area who is familiar with doing sandwich lease options? I have a lead that came in and the seller is interested in doing a sandwich Lease Option. I know a littl...
Chris Ballinger
Risk question for newbie
I am pretty new here but wanted to get an idea of how safe my margins should be I come across quite a few properties that can make money but unsure if I should pursue because I was told you want at least an 80k spread...
Henry Clark
Self Storage- Rock Roads and Parking Spots
GeoGrid. Received the first load of Geogrid material. This will be used on the roads.
We are required to have a 24-foot-wide road. This particular item is 13 feet wide. Will overlap by 1 foot each way, which is...
Account Closed
Full Gut Rehabs vs Cosmetic Rehabs
I've been looking at a few properties in my area, and it seems the deals that only need cosmetic work move quickly, however the full gut rehab deals tend to linger a lot longer and I'm sure are selling for much much l...
Courtney Benson
Milwaukee WI Safe Class B or C Areas
Hi, just wondering if their are any new tips for using the BRRR method in Milwaukee, WI. Looking for info on areas to STAY AWAY from Vs. safe Class B or C areas. Is Estabrook Park okay? Any other areas in those guidel...
Matthew Paul
Rehabber loves the work , complains that the work should have taken longer .
A guy working on a flip calls me up , wants a lawn tilled up , topsoil spread , and raked out . He wants to seed and straw himself to save money . I look at the job , topsoil is there ( 20 tons) flat level lawn , look...
Chris Webb
Looking for thoughts on a deal I am working on.
Hi All, I am looking for some thoughts on a deal I am working on. The property is a 6 unit building with 4 living units and 2 commercial units. Below is the input from my spreadsheet. Taxes are from the assessors webs...