Andriy Boychuk
Mobile Home Park Appraisal vs Industry Formula
The industry standard formula to evaluate a park is# of lots x caps x 12 months x expense factor x lot rent ($)I understand it is basic and we should consider the market and etc. I do my offers based on the formula. H...
Joseph Young
Found a RV park lead, now what?
I have found a mom and pop owned RV park that is willing to sell. It is located near Portland, Oregon. I don't even know where to begin. My experience;My wife and I managed a 16 unit apartment complex for three yea...
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...
Joe Jor
Suggested RUBS Formula for given number of occupants and fixures
Howdy all!I am looking for suggestions on a "fair," maybe defensible is a better word, formula for splitting the water bill. Currently the usage is out of control.The backstory is that the house is 4 families and is ...
Jack B.
How to calculate NEW/Future value of apartment building?
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
David Jenkins
Help with understanding Cap Rate in it's simplest form
Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
Tasha Mckoy
Cap Rate? What is it? How do I calculate it?
Hello BP,I know this may seem like a dumb question, but I'm new to RE investing and want to make sure I doing things correctly. I have my eye on a property and want to plug it in to BP's deal analyzer. It's asking m...
Tim Hemmersmeier
FHA in Salt Lake County?
Hi all,I am looking to buy my first investment property in Salt Lake County as a 2-4 unit, FHA, owner occupied loan. I would love to talk with like-minded investors, agents, sellers, mortgage brokers, contractors, etc...
Marlie Evans
Bonus Depreciation, safe harbors and Partial asset disposition
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
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formulas
Feel silly asking, but I need a little help with 2 formulas.
1. figuring out a P&I payment on a loan.
2. how to determine your maximum investment value from your maximum P&I payment. Not sure if this is t...