Joseph Baron Fuller
How many units is too many for one person?
I want to know what most property managers have in place to handle large amounts of units. I currently run 150 lower end SFR’s, 5 Complexes less than 15 units per and a mobile home park totaling 230 units in two citie...
Tim Chen
How to underwrite expenses in multi family deals
There are some apartment owners that I meet with, that, for whatever reason, do not want to give me their expense information. When that happens, then I use the below information as a preliminary way to calculate thei...
Tandi H.
Help me analyze this deal - triplex, turning one unit into STR
This property has three units, a 3/2 and two 1/1's. Current rents are 1100, 735, and 725. I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative e...
Frank Jennings
Apartment Building Schedule E Surprise
I have an apartment building under contract. The owners reported a net operating income of $27,500. This was the NOI listed on the MLS and all the paperwork that they gave me. My lender requested the Schedule E and I ...
Chris G.
Cash out re-finance of heavily seasoned properties but no tax returns?
I have 7 SFR's that have been rented out for several years now. Total approx. value is ~~$1.1MM. $0 debt, $0 deferred maintenance, nice homes in good areas. (FL and CA). No funny business, clean titles, no past due ob...
Patricia J.
What do I do if seller is clueless?
Hi everyone,I am a new investor currently finding and analyzing deals in Los Angeles. I came upon a 4 plex which is listed at 1 mil. I got the rent roll and past 6 months expense report by the property management comp...
Frank DiMilo
Is it worth it? Numbers behind STR vs. Stocks/Index Fund
Hi, I'm interested in getting into real estate, and I started modeling out some numbers based on a potential vacant rental in Florida (and some other places as well). I wanted to ask the Pros here because, given what...
Tammy Renee Johnson
Multi Family Property - 1st Rental Opportunity!
Need help in knowing if this property is a good investment opportunity. $480,000, 10 Units (all are rented), $4402 Income per month, Annual Taxes $1272, Annual Insurance $2400, Pest Control $1200/ year, Maintenance a...
Chisolm Tessem
Need help with a rental example from bigger pockets
I apologize i advance if this is not the place for this. I've been learning all I can to ready myself for an entrance into real estate in the next few years and have run into a problem that I think I'm missing a piece...
Matthew Carducci
4plex Deal Analysis - thoughts?
Good afternoon BP, I have an opportunity to purchase a 4 plex (details below) in Clarksville, TN. I'd be interested in having some of you analyze it and give me some feedback:4-plex, 1200 ft2 each, 1x attached garag...