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We are brand new to wholesaling and have been spending the past month immersing ourselves in webinars, podcasts, training, etc. We have all of the formulas down for building a deal, determining ARV, rehab budgets, etc...
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Am looking at this triplex which has a good positive cash flow and has a good rental record, with vacancy less than 5%. Its probably in B- neighborhood. I am estimating 10% cap rate, 5% repair and 10% PM costs and hav...
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I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses. Thus, income less operating expense is $1,195.04. What is th...
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My experience consists primarily of residential multifamily properties (owned, managed, sold a 24-unit building). I've decided, at least for now in my market, to focus on commercial office/medical/service investment p...
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Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...
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I had a guy that I have been using to fix my properties here and there offer to take care of all of them (which is 4 properties as of now but will be adding 2 more soon) if I let him live in one of them for free? I wo...
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Im looking at getting into rental properties through the BRRR method hopefully within the next year and want to practice running the numbers. Any advice on how to do so and what to consider?
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My wife's family is looking to sell their old house at discounted price to us. They are renting it out as of right now for $850 a month, which is about $100 to$150 less than what they should be getting for this home s...
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I hope everyone is doing well. As many of you may know, Assembly Bill 968 (AB-968) has recently been passed, which mandates a comprehensive disclosure of repairs and renovations from sellers who flip one-to-four-unit ...
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Hey guys! Like most folks in this sub-forum, I'm hoping I can leverage the experience of you guys! I've grabbed a screen shot of the BP rental calculator, and using whatever information I could find on the listing, ...