Scott Michael Gross
Multi-unit Appraisal Formula Understanding
Hi BP Community- happy holidays! Was wondering if people could help clarify how to estimate the appraisal value of a multi-unit? I am looking at a 12 unit complex and I understand that it's potential income minus expe...
Edward Barnes
What's a pool worth in rent?
I'm analyzing a 10-unit nestled among other big complexes. Buildings are identical however, but the bigger complexes have a pool and some kind of clubhouse/internet common area. What would you guys value these ameniti...
Andrew Michaud
38 Unit Purchase. $110k cash flow. Good deal?
I am looking into purchasing a 38 unit from a company. Price is approximately $35,000/door for a total purchase price of $1,330,000. All buildings are in excellent shape, but are in need of roof replacements. Property...
David Gwilt
Tool to Analyze Tax Impact of Purchase, Rental, and Sale
I recently became a Pro on this website, so maybe I have missed the tool I'm looking for. I would like to be able to add year to year tax analysis to my real estate deal analysis to see how negative cashflow properti...
Kyle Majors
Underwriting Value - Market Rent or Contract Rent
Hey BP,
Just had a thought as I was reading through several appraisals that I found online.
When underwriting a property I've been taught by @Michael Blank to apply rules of thumb for expenses to the T12 income an...
Daniel Solano Wolfe
Bay Area House Hackers, what's your story
Hi everyone, I'm new to the BP community and currently live in the bay area. Because I'm new to the community and specifically to house hacking, I have so many questions and would love to hear about how you all got st...
Kiara Harewood
Fix & Flip Estimated Numbers
Hi BP PeepsI have ran some numbers on a home in my area. I am a beginner investor and I want to see if I am heading if the right direction. These numbers are on the low end, I think the ARV can be a lot higher. The co...
Michelle Joiner
Make Offer on Multifamily
Whats the best way to determine the market value of a multifamily property?
Cody Barrett
Having some fun...
Hey BP!I enjoy learning about how to value and make offers on apartment buildings and I am trying to implement some new things I've read about.I drove past an awesome looking apartment building on the Northside of Rac...
Tyler D.
Actual Rental Expenses
Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...