Jimmy O'Connor
looking for successful tactics in working with remote investors
I currently have a handful of investors that are working either from another state or country. In my business of selling distressed properties, this proves to be difficult because when the good deals come in, the deal...
Joel Ray Cotton
Property Evaluations Quick Evaluation Saint Louis
My name is Joel, I have a friend who is looking to sell 6 of his rental properties and I have been evaluating the financials to see if they could be a good deal. His average rent between the 6 is currently $726, total...
Ryan Pearlman
CAP Rate Calculation
Hi Guys! Evaluating a deal at the moment and I am curious how you would calculate your CAP rate. Once our building is stabilized we are anticipating a CAP rate as follows (backed by market data): 1. CAP of 9.57% if we...
Paul Saunders
Important metrics when buying with cash?
I understand the concept of making sure your property cash flows if you have a mortgage in place, but I was curious how investors evaluate a property if they are purchasing with cash outright. Obviously the property w...
Kevin S.
Are initial rehab expenses considered part of longterm cash flow?
Not for flippers but for buy and hold specifically, say you're evaluating a property you've owned for 7 years. Your cash flow for Year 1 is wildly different than your cash flow for Years 2-7, and that difference is a ...
David Savoy
new guy looking at first possible deal
I found a 4 SFR opportunity, but am not comfortable with my math yet in evaluating whether or not it is a good deal. All the homes are 3-2's and total monthly rental income $4,155. Asking price is $400K and stated C...
Adam Philpot
Is my valuation accurate? Please help!
Evening BP’ers,
I’m currently trying to put a fair offer together on a MHP outside Huntsville and hoping those that are in this space can help validate my numbers. Any feedback is much appreciated because I keep losi...
Jonah Xu
Should I buy or not (Student Housing)
Hi everyone from BP,Here is the description of the house:Bungalow235k, I will need to assume his mortgage (219k)13 rooms (I can add maybe 2-4 rooms)42k revenue (I can boost it to 46-50k)This house has all the permit a...
Orie Brown
How to Use Sales Comps
Hey everybody, I had some questions about trying to understand how to value a single-family home and a multi-family home using sales comps in the immediate area. I live in and plan to do my investing in the Chicagolan...
Denayer Burns
How Do I know if it's a Good Deal
Hello BP,
Okay so I'm new to this, I'm talking novice new. I'm looking to get into buy and flip properties, but eventually get into buy and hold. One thing I keep hearing over and over again is, you gotta m...