Sara T.
Factors to consider in deciding on market? Church, parks, etc?
Hi all,I'm compiling a spreadsheet to help compare different potential out-of-state markets to buy and hold.Some hard and soft criteria include (1) job growth; (2) Population; (3) Diversity of Industry; (4) Housing Pr...
Megan Aldridge
Best way (and factors to consider) to set reasonable rent????
When looking at rental comps what features/amenities have value when setting rent?garage vs carport? pool access? tennis courts? schools? interior/exterior upgrades (granite, deck, sunroom)? neighborhood location t...
Raeven S. Reivers
Debt to income ratio with traditional loan financing big factor?
Hi all! Some help if you have...So I decided to take the conventional route and managed to save up a 20% down payment on the 150k-250k range of multifamily properties(2-3 unit preferably).The savings actually comes fr...
Chris Nance
How is Value Determined? Rule of Thumb or Determining Factors?
My friend and I have been actively looking in an area to invest in. We cannot agree on what true 'value' or 'deal' is. One of us wants to do the flipping route, but I don't believe the margins are there the actually g...
Alexander Romanov
Selecting a market to work in (factors and data sources)
Hello Investors,I am looking to expand my marketing and flipping outside of my uber competitive market (Seattle). So, how do you select a market to work in? What kind of factors do you look at and which data sources d...
Daniel Dietz
Should Cap-EX or Major Repairs be Factored into NOI?
Hello All, This is my first post in this forum. My two partners and I have 29 units varying from SFHs to 4-Plexes right now, so have not really looked at NOI on those. A 16 Unit came up in our smallish but vibrant Mid...
Andre Chouinard
How is a HELOC factored into DTI for future mortgages?
I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...
Lamar Head
Factor for profit splits on a fix and flip deal
Hey BP family, I have just recently upgraded to Pro and am kicking myself for all the great info I've been missing!! I'm a newby investor with one rental out of state and I'm currently working on a flip deal with a f...
Joshua Dorkin
What factors are important to you in buying a home?
I thought we'd kick off our new Buying Real estate forum by seeing what factors are most important to all of you in the purchase of your primary residence.
Here are mine:
- Proximity to parks, shopping, services, an...
Catherine Y.
Factoring in rental property owned <2 years in DTI calculation
In the early spring of last year (2019), my brother, mother and I bought an rental property that none of us live in. It has two units, and both are currently rented out. I claimed the property on my tax returns (Sched...