Asury Johnson
August Smart Lock review for STRs
Hey guys, we had been having a lot issues with guests not respecting the check in or check out time. One guest even tried getting in the house at 2 am while there were other guests there. Yeah..scary. We got the Augus...
Adam Fansler
DSCR vs. Cashflow vs. cap rate Who wins?
Hey BP,I am re-focusing my investing from "pigs" to multifamily. I have a goal to analyze 50 deals just to get used to the numbers and where they go. My dilemma is this: when looking at deals I come up with great DSCR...
Scott Skinger
CapEx Reserves - Impact on Cap Rate
Hi All, I'm new to REI and hoping for a little clarification.Quick background - I'm looking at 10-25 unit apartment buildings. I found a 10 unit building with 2 retail offices on the first floor that has potential. Th...
Brian Jones
possible 1st deal
Hello all I was wondering if anyone thinks it's good idea to assume a assumable loan from a property cash flowing about 3k after all expenses?any ideas as to the best way to approach this owner who is willing to negot...
Joseph Harwell
Fay Mortgage Services .... anyone used them for LLC Purchaes?
I received an email from Realty Bid which I bid though some times about Fay Services. I copied and pasted part of the add below. I just thought a 30 year fixed with 15% down, no income or Employment ver. was wild. The...
Sandy Uhlmann
Can servicing fees be passed on to borrowers?
In seller financed transactions, is it acceptable to escrow servicing fees along with taxes and insurance or do those fees have to be paid by the seller?
Account Closed
Question about 50% Rule
50% of goss rent goes to expenses right?What expenses are those?Does it include insurance or PMI?Or insurance and PMI is in my mortgage?50% gross rent for expensesAnd 50% for mortgageSo insurance and PMI is an expens...
Francis Figueroa
Where to find data points
Hey guys,
I am struggling to analyze deals on excel spreadsheets. It is not so much the math or computing the numbers rather it is finding accurate numbers to crunch. For example, estimating utilities, PMI, CapEx Deb...
Tony Blaine
Need Confirmed ROI % on this Multi Family Evaluation
Does our answers match? What is the ROI on this property?Details:We are on a 50/50 split and Investor requires 12% ROI annually as a partner...Does this PENCIL?This is a 102 unit, C+/B- MF property1st year: Current Nu...
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...