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Hey BP community. I am a dentist (first year in the real world) and am on a production-based salary. I went to get preapproved by a lender for my first investment property and she stated that I need at least one year ...
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Asking Price:$760,000
Actual
Scheduled Gross Income$140,704
Operating Expenses$63,773
Net Operating Income$76,931
Pre-Tax Cash Flow$44,197
No. Units:24
Building Size:17,800 SF
Price/Unit:$31,666.67
Property Type:Mul...
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Looking at purchasing 2 four plexes. 1 ideally through the FHA to keep down payment low, the second one still trying to figure out if to owner finance or lease or conventional loan with standard down payment. Goal bei...
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Hello BP CommunityI found a deal and contacted the wholesaler who had the property under contract. He provided me with the property breakdown and utility costs. The lead consists of two properties being sold as a pack...
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Hi, I know that if I compared a $30,000 house renting for $600 a month to a $120,000 house renting for $1,600 a month, the cheaper house would have proportionately less property tax and vacancy factor, maybe also insu...
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I have one question in multi family investment. how do one verify expenses information.
1. I asked utilities bill I got a push back from listing agent.there are some water expenses which looks really low.
2. they ar...
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Hey all, I'm curious to know how this gets represented, maybe you can help? Here's the example of a small 10 unit syndicated deal, which is currently self-managed...
Current OpEx water, sanitation, maintenance, taxes...
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I am trying to find a good rental in my area and I keep analyzing deals, but the rents in my are for the houses I can afford right now all rent pretty low 600-750. I can't seem to get my expresses low enough for any ...
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Would love BP MHP Pro feedback.
After analyzing over 100 deals I found this one.
1. Do you believe this is a deal?
2. Is there anything I should look out for?
3. Should I add anything?
4. Are the terms OK?
Unt...
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The Property is located in a class C area, right in front of a nice park and close to downtown, shopping malls, churches and a hospital.I walked there at night and I felt safe. Also, during the day I saw families and ...