Ellie Perlman
IMO How to Vet a Multifamily Real Estate Deal, 2020 Style
Due to COVID, vetting deals requires a keen eye now, more than ever before. These are the 3 areas I think require the closest focus.Vet the Sponsor FirstFinding the right sponsor is just as important as finding the ri...
Alex Zyskowski
Duplex Evaluation - ARV & Rental values - Cash Flow vs. $on$
Hello! I am evaluating a Duplex in a semi-rural area in northern Michigan (about 30mins SW of Traverse City). I am struggling to find comps for both the purchase price, potential ARV, and potential rents to determine ...
Michael Randle
Underwriting concerns/formula more of a deep dive.
Good Afternoon BP,
I am currently working on getting a feel for underwriting and I am crunching numbers on multiple properties. The wife and I closed out or real estate and we are look to re-invest in the first to mi...
Joshua Mellor
Thinking to refinance.
I’m 41 years old and bought a triplex in 2004 for 135,000 at 6 percent, currently owe 84,000 left with 15 years to go. My return is around 300 a month after bills which up until this point I have just used as money t...
Keazy Moto
How to Analyze whether or not to build a 2nd detached unit
Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through!Background info- 1.Fiancé and I want to build wealth through real estate2.We look into purchasing our first home as a duplex in 20173.J...
Scott Titus
Cashflow, Vacancy, late fees?
Further Analyzing rental property. Purchase price $50-60k. Low income area, not a warzone. Not counting on appreciation. Rehab 15K. Here's my #'sHome rents for $900 per month (5-10% below MR). Vac 10% ($90), maintenan...
Caleb Clay
Who is the best MF syndicator?
If you had to choose one MF syndicator to drop $100k with, who would it be and why?? I would look for principle protection as well as IRR for the main factors for me. Let me know your thoughts please!
Archimedes Jao
Cash out refinance
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
Emily Lauren boulden
New investor curious on best way to purchase 2nd property
I’m a new investor with 1 property under my belt. It is a 1b1b condo I took out a loan for and purchased November of 2019. The loan came to 65,000$. I lived there for a short while and rented it out in February of 202...
Sameer M.
Cleveland Suburb SFR analysis
Hello friendsSo I am all set to close on my first rental. This one is a 1935 built 2 story 3/2.5 recently updated (roof, paint, windows, electrical etc). The area is Wickliffe. A safe suburb with good (6, 7) schools. ...