Ryan Cox
Gross Income & Vacancy
BP - Double checking my work and could use validation. Thanks in advance!When calculating the gross income using the current rent roll, how do you account for vacancy? Based on gross income (actual rent), vacancy is...
Account Closed
Can't figure out why I have negative cashflow
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Julius F.
Feedback on a property I analyzied
Thinking of living in the house first (house hack) with roommates and then fully rent out the 3 bedrooms later.House: 3 bed/2 bath Asking price: $337kOffer price: $292-310kARV: $330kRent: $2600 (2 bedrooms: $800 x2; b...
Victor O.
Buyer Recourse for Ernest Money
Hey BP!My very first post here! Anyways, here goes. I think I already know the answer, but figured I'd double check anyways.My question is with regards to how Ernest Money is to be handled in a specific situation: An ...
Niv Levi
Multifamily underwriters, are they worth it ?
We have been buying multifamily properties for quite a while now. Before acquiring properties we have been doing all the underwriting ourselves. As we are growing, we are entertaining the idea of hiring a third-party ...
L. L.
Cleveland Ohio, Point of Sale requirements & wholesaling
Hi everyone on Bigger Pockets. I have a question for those who have been purchasing properties in the Cleveland market for a while via both on the MLS and through wholesalers. I understand the Cleveland market has P...
Christopher Stevens
ChatGPT can calculate ROI and cash flow
Check this out! I did a test and input this data into ChatGPT: What is the ROI and monthly cash flow on a property purchased for $135,000? - Property taxes and insurance costs are $101 per month- Down payment is 30% o...
N/A N/A
Starting out; Wholesaling; Help please.
I'm new to the game, but i'm determined to make it, i feel an indescribable connection to the process. I'm awaiting a Carlton Sheets cd-compilation to give me a knowledgeable out-of-the-gate, but I noticed alot of pe...
Thomas Martin
Whats the Best way to Double Close?
I have read confilicting arguments on what is the best way to double close. And either of them sound smooth. These are the 2 ways that I am aware of tell me if there is another better way?
In both situations is it be...
Mark Jaskowski
Do I need a transaction coordinator?
Hello bigger pockets fam,Hi I had a quick question and couldn’t think of any better place to get help than here. I’m purchasing a sub to deal from a wholesaler. He has the deal under contract. Is there any reason I wo...