Hello BP,
I am about to make my first offer $161,000 for a 2 br 2 unit building. Income will be at least $2200($1100+ ea). Taxes are $5,000 a yr. I have to put 25% down. I'm guessing ins will be $1600 a yr.
...
Duplex
Asking Price: $150,000
Gross Potential Rent: $1,900/month ($950/unit)
Taxes: $263/month
I have been pre approved for convential loan assuming 80% ltv @ 5.875% interest, 30 years.
Here's the catch: I on...
I am new to this forum and have recently starteted my journey on investing in rental properties. I made my own with some help of some books I have been reading and would like to see your thoughts on it. I look forwar...
What are the best-known-methods to estimate rentability of a property before deciding to invest in it?
How can two properties be compared to estimate which one maybe easier/quicker to rent?
Conversely, any estimate...
New to real estate investing. Looking for someone local in the Atlanta area (30328) to analyze deals with for practice. Already have done one deal but looking to clean up my strategy etc.
Can someone explain how to analyze deals? Is there more than one way to analyze a deal? The only one I'm aware of is the
70% rule or 60% in today's market.
Here's the deal:
Actual Proforma
12 unit asking price 480k
Other income 1800
Rent Roll 65820
Adjusted gross 62529
Current Taxes - 12076
Insurance - 3149
Water - 1455
M...
In one of the recent webinars, Joshua and Brandon recommended beginners to start analyzing deals for at least 15 mins a day. My question is, how exactly to do we go about doing that without going to physically see the...
Hello BP, I know that BP has a tool to analyze deals, however, I'd like to get my hands dirty firs and anywise them the old fashion way in order to understand better the math behind the tools. Do you guys have any exc...
I just signed up for pro and download the BP app for my phone. Is there a mobile version of the property analyzer?