Robbie L.
Debt service rule if thumb?
So I love the 50% rule for scanning listings prior to modeling them in a spreadsheet.
I understand that the NOI is the money left after expenses, before debt service.
I find myself wishing I had a conservative rul...
Dan Murphy
Good cash flow for small deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Orange.
Purchase price: $110,000
Cash invested: $35,000
We almost bought this 3 unit property late last year. Seller lied ...
Ryan Marto
NY Investment Model - Data Gathering Troubles
Hi BP family, hope all is well. I have been in the process of gathering data to build a property investment model with one of my buddies. Our thought process so far has been to collect average sales price and rental r...
Jessica V.
New Real Estate Agent (Philadelphia/ South Jersey)
Hello All,Newbie to real estate here.I just passed my NJ Real Estate Exam. Looking to be a dual agent and licensed in PA as well but need to sign up with a broker first. Iv met with Century 21 Gold, Redfin, and 1 ot...
Justin Robinson-Howe
Do you model refinance assumptions into your analysis?
Suppose I plan to refi within the first year of a rehab and rent in order to cash out my initial investment. Should I be modeling expected terms for the refi into my analysis and the impact on CF? I’ve come across sev...
Wesley C.
Desktop Scanner Deal
A couple of days ago there was a discussion here about electronically storing receipts and such. For those interested in such a device there is one offered one www.woot.com today only. It is called the NeatDesk Desk...
Adam Worth
Best new toilets?
Hello BP. I'm looking to replace all the toilets in a duplex I own. I'm looking at the Champion 4 toilet and the TOTO Drake toilet.
Do any of you have any experience with either of these toilets or any recommendation...
Josh Shneyderov
How much do you budget for vacancy, repairs, etc?
Newbie here getting ready to buy my first 2-flat. I plan to self manage. I’m curious for my model what people budget on average annually for vacancy, repairs, upkeep, etc?
Dennis Johnson
Buying multifamily units with no tenants currently
When looking at purchasing a apartment units with no tenants what are so good tips to look for when making an offer for the units.
Shawn Adams
Airbnb insurance policy questions
Hi all,I am a new investor, running a successful Airbnb. I am using the model of renting a property and running the Airbnb out of that, and I have the owner's full support and permission to do so (he is a dear family ...