Sam Gentile
Cash Flow: save and put down on another house, or pay principal?
I am closing on a townhouse next month, and will be renting it out. All expenses a month equal $1400. I will be renting the unit for $1900 a month. Should I save all the cash flow and put down on another house, or pay...
Timothy C.
Avoiding LLC/Personal Finances Commingling
As I'm getting the foundation of by business started, I'm trying to take into consideration the tax implications as well as the legal implications of the money I spend. Since I don't know the answer to this questi...
Steven Barros
How To determine FMV of a Mobile Home Park?
Hello Bigger Pockets,I am in negotiations with a mobile home park owner who is interesting in selling their park and I need a little help determining how to calculate a Fair Market Value of his property.All month to m...
David K.
How to calculate rehab cash into buy and hold investments?
So I have become somewhat comfortable with straight-forward calculations for buy and hold investments. Things such as 1% rule; CoC values and ROI are now very clear; I also automatically add 5-7% vacancy and also roug...
Joshua D.
Mobile Home Park Help
7 Unit mobile home Park asking price of $ 240,000I would self manage and there are no park owned homes Lot rent is $300 a month $2,100 total monthlyProperty taxes are $1,300 a year Insurance is $500 for liability on ...
Eric Pirozok
How important is equity build-up?
I have a rental property that produces $100 of positive cashflow. If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30. What is more important? Paying off my...
Lesley Govan
How to keep property funds separate
Just listened to one of BP's podcasts and they talked about not co-mingling personal funds with property funds. What's the best way to keep everything organized and separate?Any thoughts would be greatly appreciated.
Ethan Griffel
Property analysis when using a HELOC as DP
If you have used a HELOC as a down payment do you calculate the monthly payoff of that draw as an expense when running numbers on a potential deal? Example: expenses+mtg+HELOC= total expenses. Initially I have been do...
Javier S.
purchasing rental property abroad (Costa Rica)
Hi,I live in the US but am interested in purchasing a Costa Rican rental (for rent and eventual sale) with my parents who are Costa Rican. They have done this before and they establish a company as a 'sociedad anoni...
Derek Buescher
Multifamily Expenses
I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...