Hello,I am starting my quest into investing and renting multi-family units. I wanted to get your opinion on expenditures. I know I need to compensate for electric, water/sewer, property tax, garbage, vacancy %, repair...
I have a potential property in the south philly that is a duplex with a commercial space but all three are being rented out as apartments. Mind you this will be my first investment property. Is it a real issue if it’s...
Greeting everyone I don’t post on bigger pockets as much as I should due to the fact I’m still trying to learn more about real estate. My question to you guys is if a property has a positive cash flow but the cash on ...
Hello,
I am in the process of beginning to search for a 2-3 flat in Chicago that my wife and I can live in and simultaneously rent out the other unit(s). Given we will be living in one of the units, we won’t be colle...
Are Cash deals really all cash or is a cashiers check used? Anything else besides a briefcase full of money?-Andrew
I was evaluating a deal and they ended up switching to needing an all cash deal because the owner died and there are no financials for it, so banks will not finance it. I did contact my mortgage broker to see if there...
I know more it better but what are the general spreads on cash on cash return? Also what is IRR?
Thanks,
How do I calculate "cash-on-cash"?
50,000 purchase price
5,000 seller concession
1,150 gross rents
575 expenses (50% gross)
6,900 NOI (yr)
690 Vacancy/Rent Loss (yr)
6,210 Adjust Rent (yr)
10,000 d...
The term "cash-on-cash return" doesn't seem consistently defined. I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it ...
I have been reading and researching as much as I can about the BRRRR method and have been working some figures on some possible properties. From my research 12% + cash on cash return is a great target. Just for clarif...