I have located a set of storage units that are for sale near our local Air Force Base.  Its an older property, Mom and Pop shop.  192 units, ranging from 8X10 to 30X30. Rents range from $20 per month to $60 per month....

Hello everyone. I recently started using the Rental Property Calculator and immediately one question came to my mind: in the field "Rental income / Gross Monthly Income" I understand it should go the full amount the t...

any help in this is appreciated. Lets say you are a wholesaler and win a property at a sheriff sale or sign a contract with a seller for $100,000. Then you find a buyer who is willing to pay $130,000 for this property...

Hello community! I am looking at a deal and wanted help analyzing it. The price has been lowered twice by about 10,000 each time to 249,900 now. It is a 4 unit comprised of 2 bedroom 1 bathroom. It looks to me that th...

Hey BP community.

I have a deal I'm trying to decide on.

2 four plex units for 340k In Georgia. Gross rent is $3940.00 / month. Further analysis factoring in expenses and debt service show this property would perfor...

Hi,

My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!

What form of business entity do private lenders choose who lend from only their own funds? ...

I've been looking at the Bigger Pockets BRRRR calculator and I think the "gross rent multiplier" is being calculated incorrectly. The formula it appears to be using is:Purchase Price / (Gross Monthly Income *12)That w...

Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...

If lender's maximum desired ratio for borrower's mortgage payments to gross monthly income is 28%, how can a person with average income ever have a mortgage on more than one "average" property?Income from investment p...

Okay...With all of the threads going around about FNMA properties 5-10 I wanted to clarify how "DTI" is calculated for rental property for both the front-end and back-end ratios for:

1. Rental Property With Mortgage...