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Bought my "First Home" about 6 months ago, and figured I would recalculate the numbers with the actual inputs (critique on calculations is encouraged). I bought this home before learning of BiggerPockets, but knowin...
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I've found a couple of empty lands in downtown Michigan. It's strange to see a parcel of land just completely empty in downtown when everything else is filled. Most likely it's not for sale since i don't see them post...
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Greetings BPers,Looking for some opinions on building new multi-families to hold as long term rentals and possibly live in one unit. The market where I would build: medium size town with median home price at $331K, av...
Hello BP community.
I have been analyzing some 5 unit multi-family properties lately and was wondering when factoring in cap expenses at 5%, should that percentage be per door for 25%, or should it just remain at 5%...
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As a newbie, What would be the absolute minimum Return on Investment for a FLIP in Southern Cali currently? I have been playing with the Flip Calculator Analysis and would find it helpful for a healthy range that peop...
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Hello All,
I am new to the RE world, but have been tracking Biggerpockets forums for some time now. I am here to draw out a plan, and would like you know what you Ladies & gentlemen think. My plan is only for Mul...
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Edit: Just read ahead and found out that it's the product of the # of units, the cash flow and the time. Nevermind, I understand now.
In Brandon Turner's book on rental property investing, he does a calculation that ...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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I own a SFH.Bought it in 2009 at 385K + 50K in rehab = 435KCurrent Market Value 785KCurrent NOI = 32K Annual = 7.7 % Cap Rate on my investment, 4 % Cap Rate at current market pricesshould I continue holding it or sell...
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How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...