Victor Moreno
New investor need a few tips
Me and my father in law are going to a partnership in the flipping business we both are going to use a heloc loan one is going to pay for the property and the other is going to pay for the rehab , he is a carpenter a...
Shane M
50% and other rules?
Hey everyone I've been reading through the posts about the various rules and strategies for calculating deals and I was wondering if there was a catchall post that I missed with all of these. Thanks!
John Harrison
section 8 landlord question rents below comps
where I am at HCV rents are aprox $200 lower then comperable Non HCV rents. They set the FMR at comprable but then they subtract a utility allowance from that. So for example all rents in neighborhood are $1000...
Jacob Ayers
Deal Analysis
Hi BP Community, I've recently purchased @Michael Blank 's Syndication Deal Analysis calculator. I've received a P&L statement from a broker. However, the NOI is trending in the red, due to recent capital improve...
Aidan Birmingham
How to determine how much principal remains when balloon payment is due
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Andrew Shippy
Calculating Deprecation with land
I ask this questions because every post or online forum about this makes it seem like the value of the land is between 15-25% of the costs basis, but when I calculate it in my scenario below you can see the land is ne...
Kevin Powell
How to evaluate a deal process?!
Hey there. I have a newbie question. So say I see a property online, the price online says $185,000. Do i THEN take that number, multiple it by 65%, subtract possible repair fees, assignment fee for me, then take tota...
Chris StPeter
A Question About The 50% Rule
Hello, I'm new to real estate investing, and have a question about the 50% rule that was discussed in the new to real estate course. I understand how it works, you take the monthly rent, divide it in half, subtract t...
Matt W.
Noob dumb tax question.
OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...
Tyler S.
comps
When I am researching comps for a particular property i know on the sq footage it can be about 25% difference but can there ever be a slight difference on bedroom and baths. For example if a property had two baths, c...