Looking at next property purchase. I'm looking at methods of analysis. 50% rule specifically. It seems a bit over conservative for SFH. I could certainly understand it to be useful for multi-family. I rented my house ...
Please be patient with me as I am new to posting. If I have forgotten needed info for your input let me know. After all the reading/practice I can muster, I have begun my first search for a multifamily in Cincinnati ...
I'm a newbie here and would greatly appreciate some feedback.3 Unit PropertyList Price 69,90020% down (13980)Loan 55,920 at 7% for 30yrs = 372/moINCOME2125/mo (25,500/yrly)EXPENSESTaxes 3087yr (258/mo)Ins 1200/yr (100...
Hello BP,From some podcasts, I have noticed investors putting a combined 5% a month towards repairs/cap-ex. I have been using 10% for cap-ex and 10% for repair separately, 15% if it's an older house. Am I way too hi...
Hello- I have a. situation that I need some clarification and understanding.Situation: My wife is the Conservator and legal guardian of her mother who is in memory care. In order to help finance the care, we are curre...
Is there a such thing as TOO conservative when analyzing properties?
Start analyzing the deals of multi-family,for the 50% expense rule,I really think it might not so conservative as a lot guys think about.Some of the deals I am going through it might close to 60%,does 50% really conse...
Hi all,
This is my first post on the BP forum!...
I am looking to tie up my first buy and hold deal, but when I do my analysis, I keep getting negative cash flow. I am providing my most recent analysis below. I woul...
Every single syndication sponsor and capital raiser claims that they have conservative underwriting.Now, I am no logician or statistician, but I have to call BS on this one. Not everyone can be telling the truth.Clear...
Hi Everyone, I'm starting to analyze some rental properties in the Pittsburgh area - this is just a theory exercise for now, since I'm moving there in May.Anyway I'm struggling to find properties that cash flow, even ...