Hi, I want to run some numbers by you, and see if my purchase would make sense. I live in NYC so I`m trying to be creative with my approach. I will be managing this property on my own, and do fixes on my own. Here you...
Not sure about you guys but I thought last weeks Podcast was pretty powerful. It really got me interested in looking into purchasing non-performing notes. I read up on it since and have a better understanding of how i...
Hello,
Looking into purchasing a 5-10 unit property north of Boston. I was always taught that the value of a commercial property is
NOI/ cap rate= value of building
I have done my research and determine my cap ra...
I have uploaded a file that you might find useful. This is similar to my BRRR Calculator but trimmed down due to notes being a little more straight forward (at least from a variable/output perspective). I have certain...
Hello all!
Currently looking at my financing options as i currently do not have a W-2 job (self employed) so a conventional loan is out of the question.
Through an agent i know, i discovered the DSCR loan which doe...
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...