Quota Thornton
Analyzing A Property
Hello! I know that during analysis to get the NOI you take the rental income and subtract the operating expenses. Then to get your monthly cash flow you take the NOI and subtract the mortgage. Aren’t taxes and insuran...
Eli Kallison
Gut check my quick & dirty rehab cost estimation?
Hi BP,
I am considering buying my first BRRR property with significant rehab costs associated with it. I tried to estimate costs without getting bids (through a combination of local website prices to average costs in...
Farris Roach III
crowdfunding real estate.
Wanted to get BP advice on crowd funding. A friend of mine showed me different examples of how to invest with minimal risk. I know it yields small profit depending on the investment. I just wanted to see if any of yo...
Justin Wilson
Vacancy Rates in Akron
Hello all,I'm analyzing a 6-unit with two 1 BD / 1 BA units and four 2 BD / 1 BA units. I'm using 10% for vacancy in my proforma analysis. Is this a good number to use or is it to conservative? Any help is apprecia...
Chris Porter
Potential First Deal! Fix n Flip
*I believe i may have posted this in the wrong section initially, not sure if it can be removed from the other forum or not.*Hello all! A little background:I'm currently deployed over seas, I'm actively looking for a...
Jack Plantin
Buy and hold rental analysis
Looking to use a part of my savings to pick up an investment property and become a landlord. Let me know what you think of this property.
1000 SQFT 2Br/1Bath in Hammond, Indiana. 7133 Hohman Ave. Supposedly good re...
Vee K.
What could I have done differently on this offer
I recently sent in an LOI for a 12 unit apartment. The property is located in a C- neighborhood with a moderately high crime rate. The current management company allowed a sex offender to live in one of the units. The...
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...