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Do you base the cap rate on what you purchased property for: Or, is cap rate based on current market value of home?Also: is capital costs included in cap rateMy example:1. I purchased property for 25 k ( 10 yr ago)2 ...
Bigger Pockets has been awesome to me as a rookie investor that is just starting out. It filled with boat loads of content and information to help me educate myself and get my future rolling. However, I recently becam...
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I was wondering now that the calculators have a new lay out, I'm having trouble figuring out how to add my logo. Before I was able to choose other actions and now I dont see that option. If anyone can help I would app...
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Hello BP,
I am a new investor. I live in North Carolina, but I am an Over-the-road truck driver. Since I'm not near my market often, I have decided to educate myself as much as possible while raising capital. I start...
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I am curious as to what goes in to rent. Silly question I know but I know mortgage, insurance, miscellaneous expenses. But can someone break down exactly what you MUST HAVE as far as if someone were trying to figu...
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when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?
For example:
Purchase Price: $174,000
Mortgag...
I read the great blog by Rob Barney, “Bird-Dogging 101” where he gave you the general rehabbers calculator “A Typical Deal By The Numbers”.
For those that haven’t read it:
http://www.biggerpockets.com/articles/bird-d...
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Brandon recommends analyzing 3 deals a day. How does one know the ARV to use with the calculator? How would one not being an agent be able to get comps for properties that often?
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Looking to purchase rental properties in and around New Braunfels, TX. Been listening to the podcast and seems like the big rule is to make $150+ a month per unit after all expenses (mgmt, repairs,vacancy,etc). I'm ...
Hey, I always get stuck with .... initial financing amortization. If I use private or hard money, what number do I put in for the INITIAL finance amortization period? (re-finance later is easy)Is it the period of ti...