Erik Schofield
Deal for a friend. Does this make sense?
My friend just came to me asking if this deal made sense. I told her what I thought, but I wanted to know what you all thought as well to see if there's something she or I are missing.
A friend of hers came to her sa...
Ross Bowman
STR House Hack - do these numbers make sense?
Greetings friends! Wondering if I could get a sanity check on this. Here's what I'm looking at:- Currently purchasing a primary residence, closing soon- There is a detached garage which can be converted to a living sp...
Drew Brashier
Does it make sense to be a realtor?
I have read a couple of different theories, so I thought this might be a good place to get some info. I know that it is obviously not necessary to have a realtor's license to invest in properties. However, I'm curious...
Joel Heck
First Time Deal Analysis - Does this make sense?
Hi, I'm new to real estate investing. I ran the numbers on a property in western Michigan on the MLS, and they look good to me. Could someone verify that the numbers are about right? Am I leaving something out?Units -...
Craig Montesano
Property Management -- Does it make sense for me?
Hi BP
I got into REI about a year ago...Right now I have 4 SFR and about to close on my 5th. All of my properties are within a 5 minute drive. That being said I can manage them myself...not there is a whole lot of ...
Account Closed
Insight needed on making the numbers make sense!!!
I am working on a wholesale deal with someone who has a buyer that has $5000 to put down for a house and wants to pay $400-$500 a month for it. It is my job to find the home. I've found a house for sale by an owner w...
Erik Maldonado
NOI is not making sense on BP Calculator
Hey Everyone,
I am have a hard time figuring out the calculation for NOI on the BP rental calculator. I've put in dummy values to see if I can reproduce the calculations myself but NOI is not coming out right.
I und...
Gurjot Grewal
Do STR make more sense with my goals?
Since I started educating myself on real estate as a way to invest my money, I have had LTR in the back of my mind. Realistically thinking about what is my goal with RE, I have come to the conclusion it isn't to retir...
James Ryan
Does it make sense for me to refinance?
I am closing on my first property Wednesday. Purchase price is 92k I plan on putting 10k into it. Based on comps I’m estimating the ARV to be 140k. I have a 30 year 4.35% mortgage with 20% down. Closing costs and lawy...
Rakesh Moza
LLC or Corporation! Which one makes more sense?
I am not sure which one to go with. Any responses would be very much appreciated. Thank you 🙏