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I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
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Purchased for $950,000, Annual Scheduled Gross Income 136,800, 10% Vacancy Year 1 and 5% Year 2 And Beyond, Putting in 35k Rehab For Laundry And Older Flat Roof, No Flood Zone, 15%+ COC on a 75% LTV... Done. Anyone el...
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Hi,So, is there a formula to be used taking only rental income into consideration to determine the value of a property? I'm interested in a 12 unit complex that generates $93,600 annual gross income; taxes are $15,800...
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Hello! Newbie here preparing to move and rent out our current SFH in the DMV suburbs. I've seen a lot of posts on here discussing what their criteria and screening process is but not necessarily how they communicate i...
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I'm not a new investor but... I'm a new BiggerPockets member and I was SUPER excited to try the calculators! Now... I need help. Can someone help me "read" my own report? haha.
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I'm looking for financing for a project that I'm working on getting under contract. I currently in the process of buying 37 acres that I'm looking to put nightly/executive rental cabins on. There are currently 3 sing...
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What percentage of your gross yearly income do you donate to charity? also with what frequency (monthly, etcc) ?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,150
Cash invested: $40,000
Numbers-
Purchase price: $175,150
Initial investment (inspection, down pymnt, closi...
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I am reading this great book "Tenant Screening: The Ultimate Guide" on biggerpocket.
It says income must be three times the monthly rent. I am wondering if it is before or after tax.
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Hi,
I am a real estate agent, working on listing a 5-unit property in a historic district downtown. I've researched comps all over the area and they are all over the board. I've talked to lenders and understand tha...