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...
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...
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...
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...
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...
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?
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...