Maxwell Manatt
Diving deep into the month by month numbers
Hey BP,Does anyone have a Monthly P+L/budgeting template they use for underwriting bigger value add apartment deals they would be willing to share?Have an accepted LOI on a 46 unit apartment building. The value add wi...
Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Account Closed
Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi Everyone,I am new to the BIggerpockets, and this is my first analysis. I am very excited and eager to l...
Tammy Donivan
Starting a Property Management Company
I'm in the process of starting my own property management company in our small town after managing our own properties for the past 5 years. I just passed my state licensing exam and am now looking for some advice/reso...
Paul Brockland
San Diego Vacation Rental vs. Regular Rental
Hello BP community, I'm a new member from San Diego. I'm adding a second story to my house with the plan of living on the second story (2bd/2ba) and renting out the first story (3bd/2ba). I live about 2 blocks fr...
Jorge Gil
Question on purchasing a property with a tenant
Hello, we are about to close on our first property. The owner does not want to deal with the tenant so we got a better price but must close with the tenant in place. The tenant is month to month at this point.
I was...
Christopher "Bear" DeSanctis
New investor from Winston Salem NC
Hello,
my name is Chris DeSanctis. I'm 31 years old and I work full-time as
a physical therapist and I live in Winston Salem, North Carolina. I
have no background in real estate and at this time I do not own any
...
Rob Witt
Buy and Hold & What to look for, first property in Indiaola, Iowa
So, I noticed that there are four property's (3 are duplexes and one 6 plex) on the MLS. All have tenants. As much as I would like to buy all four, only the 6 plex is offering seller financing (I don't have close to 2...
Travis Buchanan
Tracking the Money/Expenses
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Suresh Kannan
Request some Ideas on Leasing and Managing from Out of State
Got a Rental Property in San Antonio, TX. Unfortunately I cannot be there physically for tenant showings etc., so brainstorming various ideas, Hiring a Property Management company will make the cashflow -ve. So, figur...