Amir Khan
Figuring out syndication
So I am looking at available properties that I could possibly syndicate (while I am experienced with residential real estate, I am relatively new to commercial RE). Here is a situation:- Property type: bank leased NNN...
Anthony Botticelli
Figuring out Partnership %
Trying to figure out a % percentage between 3 partners. One partner would be putting up most if not all of the capital. Please advise for % purposes. Thank you
Account Closed
Figuring out Depreciation
Hello BP!!!!! I'm trying to figure out my depreciation for the upcoming tax year.I've only owned the rental since August 2020. I'm under the impression that you addpurchase price + rehab costs and - land value. Since ...
Chris Oswald
Figuring Cap Rate
I looking at a property and the owner lists it at a 12% cap rate. I did my math and the real number is closer to 8%. The property is class B or C. I am new to this, but it isn't prime and isn't terrible either.When ...
Teonia Riley
Figuring Airbnb Nightly $$
Hello everyone, This is my first Airbnb near the downtown LR area. It’s been listed for about 2weeks and someone has booked it for 30 days. The guest is asking “How much is it nightly” but the price is shown as $84. H...
David Rupp
Figuring Purchase Price
I talked to a man today who said when he bought a couple of rentals 30 years ago, he used a rule of thumb that said "purchase price was monthly rent times 10." Anybody heard if this?I also talked to a lady who is real...
Christopher Davis
Researching rent figures
Is asking a realtor basically the only way to know what rents are in a given area?Zillow has a rental property search feature but everyone says Zillow is not that accurate.Trying to research rents in a market...Thanks...
Account Closed
Figuring out ROI
Can anyone give me advice on how to figure out cashflow for rental properties.A lot of detail but simplicity would be best, Im gearing up to purchase my first multi-family home.I am already approved for the loan and h...
Marcin Chojnacki
SIX FIGURE PAYDAY!
Recent flip done in Chicago. Turned out Beautiful!Purchase Price: $210,751Rehab: $100,000Sold $430k!... 30k over list price with multiple offers in just 3 days.
Bobby R.
B&H Calc Figures
I have a property under contract and was putting the numbers in the B&H Calc. I don't yet have the expense numbers so I guess that's why several reports are showing 19 digit numbers (analysis over 10 years, the l...