Suppose I'm evaluating a deal and the in-place mill rate is 2.489%. Am I simply going to multiply that by my purchase price in order to calculate my property taxes?I ask because the broker proforma indicates the follo...
Hello BP! I'm looking for feedback from experienced STR operators. We're experienced with LTRs, but are hoping to buy our first STR in early 2022. While I feel confident running numbers on LTRs I'm not sure what to es...
Hi BP Community,I reside in the Columbus, OH area am a Cleveland native looking to invest there. I have been interested in renting for a long time and am committed to closing on my first multifamily brrrr by EOY. Curr...
Have self employed or LLC members had any luck with getting the PPP Loan or EDIL Grant for their business? Everything I see is related to employees. I don’t have employees. Is there any stimulus for us
Hi everybody.I am little bit confused about the SqFt of a house when investigation a potential deal. In a MLS property listing, there are 2 rows:1. SqFt Above2. SqFt BelowWhen doings comps from the MLS that my agent g...
I want to use the BP rental calculator but I don't know where to get estimates for fees/costs. Targeting City of Riverside, CA for buy & hold on multifamily, ideally 5 units and up but will consider 3-4 if necess...
Is there a RE meetup in BCS or Brazos Valley? I'm back in actively searching for investment opportunities after living near BCS for 2 years now. Got the farm going, finally. Animals are multiplying, 1/2 acre of gar...
Hello All,I have been listening to the BP podcast for some time and finally joined the online community. I have 1 rental property that has significant equity and I am looking to multiply my investment. I know there ar...
Does this rehab formula apply to todays New York market on Long Island?Multiply the ARV x .65 = 65% of ARV Then subtract cost of repairs from the 65% = max purchase price Thanks
There's a 2-family rental property that I'm looking at:
To generate any positive numbers on the deal, I have to work at a discount from the asking price of 20%, and factoring in approx. $10k in repairs, I come out w...