Stephon Blackwell
Maximum Offer Formula and Contingency Expense
I'm currently reading the book "FLIP: How to Find, Fix and Sell Houses for Profit" by Rick Villani and Clay Davis.
They have a formula that they use to determine their maximum offer.
Here it is: After Repair Valu...
Account Closed
Existing tenant is not paying rent
The seller just provided us the financials and rent rolls for the current tenant. She has not been paying for the past 7 months. Per my agent, the seller said that the tenant stop paying because she informed her that ...
Devan W.
Help w/ numbers on Seller Financed Buy & Hold Rental
Hello BP! My aunt is wanting me to buy her SFR because she no longer wants to "deal with tenants". She doesn't want any interest from me and basically just wants me to take over her loan. She currently has the basemen...
Zachary Sales
50% Rule vs. Applying Percentage for Expenses
When analyzing deals, is it better to apply the 50% rule to a deal, or go through and apply a certain percentage of rent to anticipated expenses, being Vacancy, Maintenance, Capital Expenses, and Property Management? ...
Reh N.
Need some Advice from experienced Investors!
— Now, I was wondering whether or not I should include the violations + fees on the building into account and construction costs when I get my hard money? Also, should I factor in the repayments for the money lend to ...
Account Closed
Property is not cash flow positive when rent x 75% then what calc
If a property is not cash flow positive when rent is multiplied by 75%, then how would a conventional lender add this calculation into your DTI? Example $4000 a month 12 month lease signed, actual monthly debt is $327...
Sabi Const
New construction multifamily 12-15 units considerations
Hi everyone, I would like to ask your opinion about constructing multifamily buildings. I have been presented with an opportunity in a town where builders are buying lots or properties and demolishing them and putting...
Matt Greenfield
AirBnB Tax Write-offs when using an STR Management Company
Hello,I see there are plenty of other posts with great information regarding tax write-offs and AirBnBs, but I am specifically asking about write-offs in conjunction with using a STR management company. Context: Curre...
Pete Perez
Multi Family Rent Rates
Hello BPers!I have a question about rents for multi families. A lot of the guides I've read on BP mentioned speaking to other investors in your area about what they charge for rents, using online resources like Zillow...
Shawn Ginder
Duplex purchase in Red Lion PA
I am considering a duplex purchase in Red Lion PA looking for any advice on the area for a rental and any other tips you have as I analyse the deal.Here are the details:On North Main street in Red Lion, PA - Dallastow...