Ayodeji Kuponiyi
Analyzing Apartments, am I missing something?
I'm sure someone can help me with this. I've read many books on commercial and multi-family properties. I understand using the 1% rule of thumb to see if a property is worth looking into deeper as well as the 50% rule...
Scot Amato
BP 70% Rule????
Hi. Is there something I am not seeing in the BP 70% calculator? It seems off a bit!
William Futch
Buy and Hold Properties
For all you Buy and Hold Investors out there in BP. If you had a multi-family duplex that had a NOI of $3700.00 a month ( this is a cash buy) and another one that had a NOI at $2600.00 a month(cash Buy) would this ...
Tyler Blodgett
Finding the right balance in a Proforma
I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property. I am in the process of starting to look at properties and a...
Tarun Kapoor
Please comment on this rental deal.
Please help a newbie out. I am finding bp as a great source of information so far and trying to take the next step in becoming a landlord. These are the numbers i get running through the deal spreadsheet. Thanks in a...
Ian Lanphier
Is Tenant Responsible for Water Damage Repairs
State: TexasSituation: The AC unit inside the house leaked causing damage to flooring and drywall. The root cause of the leak was that the outside drip hose had been raised and pinned up against the wall not allowing ...
Andrey Feygin
Accounting and tax for real estate investors
Hey guys! My name is Andrey and I am from Saint Louis, Missouri. I am accountant by trade and also very interested in learning about real estate investing. I would like to get involved in helping real estate investors...
Will S.
Partnering with a contractor?
Good Evening BP. Experienced buy and hold landlord here wondering what others experience has been partnering with contractors?
I am considering offering my contractor a 25% equity stake on my next deal. I'd cover 75%...
Justin Pumpr
Apartment Repairs and maintenance costs when underwriting
Hey all,
What numbers do you use when projecting repairs and maintenance costs for apartment buildings?
My rules of thumb have been:
- $650/unit for 2000s or newer and $250 for cap ex
- $750/unit for 1980s-2000s a...
Claire T.
Rental Property Analysis (Union City)
Hi! I am new to REI and want to get y'all's thoughts on this rental property in Union City, GA. 1 Bed / 1 Bath, 871 sqft, in a gated community, HOA $280/month. Cash purchase price is $34,900. I estimate the repair cos...