So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
Hello BP family!Hope everyone is enjoying their weekend. I am new at wholesaling and I understand how calculating the rehab cost is one of the primary number to figure out if a deal has potential or not. I need your...
Calculating the ARV in the area is based on recently sold homes of the same size, within the general area, correct? What matters more, the size of the comps or where they are? What if there's nothing that big in the...
Before you say it, I know about the mortgage calculators in the left column and on every other finance site on the internet.
What I'm looking for, however, is somewhere I can determine the current principal value on ...
Good morning BP world! I just recently came upon what seems to be a good deal. I have a motivated seller willing to release 4 properties in a low income area (all in a 2 mile radius) for around 75K. I am certain th...
Is there a way to use the rental calculator on my iPhone app? Would love to be able to enter info while walking through a property.
From what I know cap rate is calculated as NOI/Value of Asset (Down payment+amount financed). While the cap rate seems like an OK calculation, it does not include the part you pay for financing so it is possible to h...
Hi @Brandon Turner,I am looking for the BRRRR calculator that I saw you use on a podcast but cant seem to find it on Bigger Pockets. Will you point me in the right direction? Thanks
Remember the book "The Millionaire Real Estate Investor"?
Remember when the author had a chart of the average number of properties you would have to own in a certain timeframe to net a million dollars a year? (The pr...
Hi everyone, I was just wondering how you calculate maximum allowable offers for high price areas. I live in Long Island where the average home price is $400K. Should I still use the 70% - Repairs, or is that unrealis...