Kyle Curtin
So, what is a COCROI?
Cash on Cash Return on Investment (COCROI) is a very common metric that re investors use to determine the projected return on a property, and is expressed as a percentage. It is the measurement of return on the total ...
Ben Leybovich
Car Wash - does anyone own?
Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...
Liliana Allison
Preparing to close on apartment complex
Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...
Tim Lemons
update bathrooms to increase rent
I just purchased a duplex with a vacant apartment that can get $950/month (current rent for the other side) but the bathrooms look kinda outdated and pink. The kitchen isn't so bad but I'm wondering what kind of incr...
Nicole Assali
Flooded basement should I call insurance ?
So the city was changing some piping outside of the house for the collection of rain and they had a pump to take all the water to another location, in the meantime at one point the pump stopped working they got clogge...
David Rabinowitz
Jersey shore short term vacation rentals
Hello everyone! I’m thinking about purchasing a vacation home on the Jersey Shore. I was considering Wildwood Crest, Ocean City, Long Beach Island/ Manahawkin. I was just curious if there are any jersey shore investo...
Jason Garrison
No liquid cash
Any ideas on how to get into real estate with no liquid cash to purchase or inject into a property?
Kyle Penland
My 3500 Property that no one else wanted! Before and After!
So i bought this home as a foreclosure, termites, rot, holes in the roof...I bought it for 3500! I actually fell through the floor in the bathroom during the final walk through before closing. I put 25000 into the ...
Daniel Hsieh
Hello and Help
Hey BP members, this is Daniel from Houston, Texas.I have been in "ninja mode" in BP for some time now and I think the time is ripe that I get more involved in the forum to grow and learn from greater interactions wit...
Rick Alvi
First House/Live In for under 90k?
Hey ya'll, I'm saving for my first house (I'm tired of living in apartments for the last 4 years). I'm 27 and self-employed. I live frugally and I'm starting to research houses from $65-90k (70-75k would make me reall...