I purchased a house with a detached garage. I remodeled the garage and now live in it. I rent out the house. My mortgage is $537 and I charge $650 to rent the house.Doing the math, I'm only keeping $113. If my investm...
How do you conservatively estimate monthly expenses? Is there a “standard” percentage to use as a rule of thumb?
I’m looking at a 6 unit property and trying to do a quick estimate. (I realize this won’t be a substitu...
Hi everyone, I'm new to commercial real estate and this forum so bear with me. I recently built a 11k sqft strip center of which I manage as well. One of my companies occupies half the building, I have 1 tenant, a...
Can someone define what “NOI” on the brrrr call means? Also what is the 2% rule ? Or where can I find the definition. Thanks Mario Leon
Hi. How do you guys calculate cost of rehab. I have a house that needs full rehab. 1400sq ft 1 bath. Needs new kitchen , new bathroom, new walls (May need insulation).Thank you
Looking to purchase my first MFR. I have been researching for long enough and I am ready to purchase my first one finally. When doing my calculations to make sure the property is cash flowing I am curious what others ...
I'm just getting started so please excuse my novice question but how do you calculate the repairs on a flip? I was told an easy formula is the square footage of the house times $30. Is this a good tool to use?
New to site (for the most part) Does anyone know of a calculator for purchase of vacant lot and building new (2 spec homes in good mkt) ? Could use some direction ...quickly Thx
Just used the rental property calculator best feature I have used. Although I'm new to real estate investing and bigger pockets. This platform is great to use. If you know anyone who's interested in getting into real ...
Are most savvy BRRRR investors blending the fees/points into the refi or are they doing their calculations and basing their offer price off of paying the fees/points out of pocket and recouping it on the refi? The num...