When calculating a capatilization rate,why am I deviding the noi by the price of the whole house, wouldn't it be closer to devide the noi by how much u put in, in cash? as in noi devided by down payment plus repairs....
Hi everyone! I was introduced to a property that my husband and I are thinking about going forward with. It’s a house that sits on 8 aces of land in a great suburb of Boston . We have no background in new contraction ...
Hi All,Any thought/comments/criticisms/concerns with this before I post it?Thanks!When comparing and analyzing properties, we prefer to use the "Cash-on-Cash" (COC) return rather than the Return on Investment (ROI). ...
I own a 3-unit property. It was originally an old house, and it was divided into three units. Only problem is that Unit 1 and Unit 2 are on the same electric meter and breaker panel. The circuits are clearly divide...
Hello I am a new member and loving this site. I am trying to buy my first small multi family income property. I unfortunately don't have the capital for the down payment saved up, but I do have good amount of equity i...
I need to return the deposit, the problem is I have five roommates. Had there been two I would have made the check to both but I have five and I cannot make a check payable to five people. The initial deposit was one ...
Hello,I'm putting together a capital plan for two 6-flats that I own. Improvements include both capital improvements (new boiler) and also in-unit upgrades. The plan is to fund these improvements via cashflow. When ca...
Hello everyone, We (two partners) bid on a upper fixer property in San Bernardino county on Monday and we received a counter today. I also heard through the listing agent that they had several offers by Saturday 1 PM....
Hi all, anyone has lot subdivision experiences? I want to buy a property that is large enough to subdivide it into two lots based on my research. I will go to the county planning office to check the requirement, but...
Hello,I am just looking at the rental calculator and verifying the numbers, but I can't figure out how to calculate Annualized Total Return. The BP calc has it going down every year, but all my calculations are going ...