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What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.
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I just went to contract last week on an 80 unit (each unit has 3 -5 offices, used to be all doctors/dentist offices) in Euclid OH, rehab budget of 1 mill, should be a bit less. Net income about 450k on 750kish gross. ...
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What is the most effective way to analyze a multifamily property and what needs to be accounted for when valuing a multifamily property? Does the intrinsic value need to be the after repair value as suggested by ...
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Real estate is an investment vehicle that comes with a lot of tax benefits which is why it is so attractive to investors. However, understanding the tax benefits and really grasping the difference between tax deductio...
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Looking to fill my first rental property and looking to confirm the minimum income.I have read in the BP book that we should look for a minimum gross income of 3x the rent. My question is if I have two people (not ma...
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The BP calculators are a pretty powerful tool for investors. That being said, has Account Closed - is this already in the works?I would love to hear from other BP members on this idea.- Justin
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My husband and I have decided to do a live-in flip with our primary residence that we bought in 2018. We are going to take out a HELOC to do repairs, and after it is fixed up, we expect to be able to sell it for $400...
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Whats the difference between ROI and CAP Rate.
I know that cap rate doesnt take into account the financing.
So how does the ROI account for financing.
The Property Analysis Tool gave me a 108% ROR aka ROI for a proper...
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hello everyone!!! I'm a college student trying to understand the front door and back door approach theory and how to calculate them. I am a baby in this. If you can help me please explain things to me as simply as you...
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What percentage of your gross yearly income do you donate to charity? also with what frequency (monthly, etcc) ?