I’m reading the BRRRR book by David Greene.. and it’s really confusing me. The ROI calculations are throwing me off. In certain instances, ROI is calculated by taking the amount of annual profit on rent you have (let’...
I have an opportunity to buy and sell a mobile home. I can offer seller financing but am trying to calculate the ROI. I would be taking title to the mobile home and immediately turning it around with seller financin...
Hello,
Just looking for an explanation of this term: Cash on Cash return. I know it refers to % of return a rehabber expects but I just need further clarification.
Thank you so much.
Would you guys sub-meter a duplex in Southern Orchards if your tenants are driving the water bill through the roof? My tenants currently pay $50/month each for water but the average water-bill per month has been close...
Currently own a residential property with 2 homes on 5 city lots. One of the homes was a mother in law apartment built on to the back of the detached garage. Current zoning is R1
Was looking into dividing the proper...
I split my house up into three units. One unit has nearly the full back yard and has a lot of water irrigation. The front yard is a common area for all three units and also has a lot of irrigation. How do I go about d...
What is the average cost of converting a single family home into a duplex? Not adding any additional living space, just dividing the two units, putting a kitchen in one of them, and probably not having to add a bathro...
Hi BP! I would like to ask a tax question here since I am a noob and still searching for a cpa :( Scenario:
- Buy a triplex of 1.5m price with 20% down conventional loand
- Loan amount : 1,200,000
- Owner occ...
Hi BP, has anyone tracked their margin per apartment? I've got some numbers from it and most are good but I'm not really sure what to compare it too. Is 25% per apartment good, 50%, 15%?
I got a quote for replacing windows for a flip I am doing. The price is for windows only (no installation). They are basic double hung vinyl windows made by Simonton. I got a discounted "contractors" price of $2431 fr...