Whats up BP. I have a quick question about net worth and REI. Are rental property mortgages calculated in net worth? For example, If I purchase a 100k rental property for 20k down and take on an 80k mortgage, would my...
Hi Everyone - I have 3 STRs and have gotten very serious with looking at the full financial picture on them now that we have a CPA. We just bought the last two in the last 6 months, but have had our first for almost 5...
I was just doing taxes for 2018 and have noted something peculiar, most of my properties I self-manage. So I do pay monthly PITI and HOA fees. Then there are repairs, occasional utilities, and of course depreciation d...
Investment Info:Single-family residence fix & flip investment.
Purchase price: $57,000 Cash invested: $48,770 Sale price: $245,000Great first deal, got us hooked up on rehabbing opportunities. Took roug...
I am new investor, interested in a 4 unit property in Manchester ct area, I need some help understanding if I am looking at a good investment or not? Please let me know , am I under or over estimating costs / returns?...
Hello BP’sI wanted to know what you look for as an average net per door/unit. Some say at least $100 per door but I have heard this for many years. Does it differ from sfh to multifamily? Just wondering if that still ...
I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
For sellers who must reduce their asking price to achieve a
A successful outcome, they likely will net less at the closing table.
Price Reductions
Carefully pricing a home allows sellers to walk away with the most...
Is there anyone on here that’s a millionaire or anyone that can connect me with one that I can speak with? I’m not looking for any mentorship or asking for anything, I just want to speak with people in the position I ...
Investment Info:
Single-family residence fix & flip investment in Elgin.
Purchase price: $260,000
Cash invested: $7,500
Sale price: $390,000
Great wholetale flip, 1 DOM purchased with 100% pr...