Karen Schimpf
Quick way lenders calculate NOI on a Comm'l Investment
Here is Quick way to determine Net Operating Income on a Commercial Investment Property. Gross rents x .88 (expenses and vacancy rate) = NOI
Damon Cluck
analysis of a 192 Self Storage Unit Deal
I have located a set of storage units that are for sale near our local Air Force Base. Its an older property, Mom and Pop shop. 192 units, ranging from 8X10 to 30X30. Rents range from $20 per month to $60 per month....
Akash Acharya
4 plex operating expenses with 50% vacancy
There is a nice 4 plex that I am currently looking to buy at some point that costs $510k. It's located in Atlanta and is only 50% occupied. It has 3 2bd 2bth(rent is between $2700 to $2800 a month) and 1 1bd 1bth(rent...
Mike Dymski
cost to rent ratio
Silly question but is it the norm to include vacancy in the cost figure and use gross rent in the denominator?I have been netting vacancy against the rent rather than including it in the cost. In the end, as long as ...
David K.
Duplex in Cleveland Ohio
Hi,I found a duplex outside of Cleveland Ohio that I was hoping to get some feedback on. I am a long-time lurker in investment properties, but have never pulled the trigger. I found a property recently that seems too ...
Rhea Jeong
Rental income consideration to mortgage
Hello all,
I am first time investor and I’m looking at multi family houses in NJ. With my current salary I can only borrow 300k and it will give me limited directory in the market I’m looking at. I heard some lenders...
Valentin Zalutskiy
small multi family in california vs your state
I have been looking and analyzing duplexes and triplexes in northern california for close to a year using the parameters I learned from Biggerpockets. I have found none that met the "good buy" parameters, and only a c...
Account Closed
Impact of deductions explained
New here and understand the general concept of deductions on income. Could someone explain with simple math. Let's say a $300K 4 unit bldg with total gross rent of $3K & $1K/mon operating expenses (trying to keep ...
Aaron Einfrank
Am I on the right track???
Hi Everyone,
I have been planning on starting my REI business for quite a while now and I have learned a lot so far by reading this message board. Based on my research here is my plan:
Goal: Replace my current inc...
Byron Broughten
DTI, Conventional Loan, HELOC, Insanity
Hello!I’ve been going slightly insane trying to figure out how debt to income ratio (DTI) factors into getting conventional financing or a HELOC on investment property. My current understanding is that cash flow posit...