Alexander Teague
My Current Path to financial freedom-Weighing investment options
Age-34, Single in ArizonaCurrent Net worth-$24K USD in Stocks, 10K in Roth IRA. *I am just starting to put money away as I cleared all of my debts in the last half year.Debt-$0Salary-$75K gross, which is $52.5K N...
Mike H.
Depreciation does not cover rent. (50% land). Help
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
Chris Ruud
50% rule seems high?
I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...
John Quiles
How much would you pay for 156 Units in Atlanta?
I got this deal on my lap and it has 176 units in Atlanta (Decatur) 95% occupied. According to the P&L it gets around $993k on rent with about $375k on expenses. The buyers broker wants 4% commission pay by th...
Taylor Shapiro
Student Housing Opportunity = Too Good to be True?
Hello all. I have an interesting deal I'd like to get your opinions on. A broker sent me an OM on an apartment building that was converted to student housing a few years ago. The owner's an older man with some health ...
Kathleen R.
What's better...9%ROI w/ 24%CCR or... 7%ROI w/ 50%CCR
Hey BP -If I invest money into the rental units I have my ROI will increase to 9% and my cash on cash return will decrease to 24%. If I leave the rental units "as-is", I will get a 7% ROI with 50% cash on cash return...
Matt Longfellow
First Time Duplex Investor & Cash Flow
Hey all! I'm looking to invest in my first duplex in Columbus, OH and am currently going through the pre-approval process to see what I'll qualify for. That said, my initial thought was to purchase a duplex as an owne...
Michael Randle
Underwriting concerns/formula more of a deep dive.
Good Afternoon BP,
I am currently working on getting a feel for underwriting and I am crunching numbers on multiple properties. The wife and I closed out or real estate and we are look to re-invest in the first to mi...
Matthew Jure
Estimated Costs Lakewood Ohio
Hi BP community! I am ready to buy a double+ in Lakewood Ohio, but it seems that out of pocket ROI seems low (~5-6%) and I am curious what others are estimating as expenses. The houses are all about 100 years old so I...
Scott Trench
Full-Time Investors: What Do You Do for Healthcare?
Hi everybody. It seems like a huge number of BiggerPockets users are looking to quit their jobs and transition into full-time investing. A major roadblock to this, however, seems to be health insurance. Those of you w...