Brad Simmons
Calculating NOI to arrive at Cap Rate
I'm reviewing the tax returns of the seller of a 32 unit C class property. Below are screenshots of the returns.So to get NOI from this information, I should subtract Depreciation and Interest to get the actual expens...
Vikram C.
Is Texas as cheap as it seems?
While doing the due diligence for an apartment building in Texas I noticed that the property tax rate was quite high compared to many other states. I understand the state has no income tax, but that's not relevant to...
DJ Cespedes
Structuring Initial LLC
Hey BP Fam,I am hoping to get some advice from the community on this matter. Some colleagues and I are planning to form an LLC for Real Estate Investing. We plan to start off with flips to build up capital in the earl...
Yulin Wang
Out of province or across border?
Hi my fellow Canadians! I was wondering whether any of you have experience investing out of province within Canada or across the border in the US. Looking to buy a multi-plex with a maximum 200k down (including down p...
Brandon Terrazas
Obtaining a HELOC for an investment Property?
Hello Everyone,I am trying to see if it is possible to get a HELOC for an investment property. So far, all the lenders that I have talked to have told me that they don't offer that service. Is anyone aware of a lender...
Michael Episcope
Portfolio Managers Forecasted Returns Explained
(Updated version for all BiggerPockets members to enjoy.)If one portfolio manager forecasts a return of 20% on a real estate investment and another one forecasts a return of 15%, which one is the better choice?Answer:...
Dan Sarao
Understanding the Drivers Behind Analysis Paralysis
For those who have been learning about real estate investing for a while (6-12 months plus) and have not yet done a deal, or for those who have done a deal and then are hesitant to do another what are the reasons for ...
Eric Swint
Portfolio Partnership Deal Structure Need Help
Need some help wrapping my head around an opportunity, as well as making sure this partnership is a fair deal. I don't know what I don't know.I have a partner that wants to purchase 2-4 unit multifamily properties wit...
John R Kepler
Interest Rates Have Been High Before, History Holds Answers
I know I am dating myself but I started my REI journey in 1980 when rates were 15%. The strategies that worked for me in those double digit times were house hacking and carry backs. I also found a buy and hold that wo...
Mike Hoherchak
Multifamily: To buy or to build...that is the question
What are your thoughts?I live in eastern PA and I'm learning that inventory of residential multi-family properties are very slim within my price point. The inventory that is available seems to be really old and run do...