Donna Mc
Give me your opinion
Hello BP Community,Here is my dilemma. To get started in REI, I wanted to wholesale to get funds to purchase rental property. However, in the mist of searching for deals, I have come across some multi unit properties ...
Robert Sapienza
Cash out REFI with unknown appraisal !?!?
What's up everyone. Before I start let me preface this by saying that I HAVE talked to my local lender, as well as a few local appraisers in the area and no one could give me a CLEAR answer on this question you are ab...
Trey Leigh
Am I looking at this correctly?
I was looking at some of my spreadsheets and was trying to figure my overall rate of return on a house once it is paid for in the future, with the following assumptions, are my calculation right?
Purchase ...
Terry Royce
Figuring out max purchase price from mo rents.
I am looking at a 3 unit with mo gross rents of 1100. The price is too high, but how do I figure out what my max offer is based on the rents?
i know ive seen a "rule of thumb formula" bounced around here somewhere.
...
Russell W.
GRM vs. Cap Rate
When determining the value of a 3-4 unit property, which is more useful- the Gross Rent Multiplier or the Capitalization Rate? What do you guys prefer? Why? I'm looking at listings to practice "running the numbers" ah...
Donna S.
What should I offer for 3/1.5 SFR?
The property:
1976 Brick 3 BR 1.5 Bath SFR FSBO
Transitional Neighborhood
Comps show ARV approx. 82,000.
Yrly Property taxes 379.00
Repairs 12 - 15,000.00
I would like to be able to wholesale this to an investor at ...
Jennifer Lopez
Short Term Rental Calculator
Hi,Is there a calculator for short-term rentals? Or any suggestions on how to determine how a property will perform as one?TIA ~ Jennifer
Francisco Ruiz
Single Family / Multifamily Comparison
We are looking in an area where there is a bit of new home development, there are some new duplex units there. But have not found any other new duplexes for sale near there. When looking at comps, how would you comp...
NA Loraine Nielsen
Am I way off on this analysis?
Hi there. 3 duplexes (built in 2008) were just listed in my small town with very limited multifamily opportunities, so I was very happy to find them today! However, my numbers come out dismal, even after lowering the ...
Shamus Quirk
How do you evaluate/value 5+ unit properties?
I found a 6 unit property that I am interested in looking into and I know 5+ unit properties are valued based on their income and not so much on other comps. What do those numbers look like? Is there a formula that ...