Mormon Redd
Analyzing a Deal for Profitability
I am trying to get in to multi-family apartment investing (5+ units) and have been searching for a property that I could reposition. In a training program I did I was taught to estimate costs at 50% of gross income wh...
Stefan B.
24 UNIT/ PRICE DILLEMA/ ADVICE
Hello,I live in St Louis, MO, I own 9 units, and looking to scale up. I am currently looking at a 24 unit property, asking price 1.1MM. The property has lots of deffered maintenance issues as the owner self manages a ...
Dakoda Spencer
Estimating Rents, Income & Finding Financing
Looking for answers and recommendations from the BP Family. I'm 25 and looking to get into rentals.Recently I have been looking into a 4-plex in my area and have been doing some research to gather all the numbers need...
Jon Guercio
Cold Calling Times for VAs
Hi everyone!
I am part of a wholesale team and an integrator for our business. We have a VA that calls multiple hours a day. I was hoping to get some input as to what hours of the day people are having their cold ca...
Jocelyn Canfield
Coming to terms w/ seller on 5-unit w/ signif. negative cash flow
I am looking at a property I REALLY want...but at their asking price, we are at significantly negative monthly cash flow (-$2500). This is assuming me dedicating $ to capex, R&M, Prop Mgmt. I'd like to live in one...
Jeremy Namen
Neighborhood Revival
Hello All! My name is jeremy, and im a relatively new member of this greatly appreciated and informative site. Im thinking that ill be able to get some good advice and/or info on implementing an idea that ive had for ...
Ray Tapay
Newbie Numbers Analysis. Expenses Too High?
Newbie here trying to learn how to calculate numbers. I just picked a property on Redfin for practice called the insurance company to get a quote and asked around for water and sewer prices. However, my expenses based...
Christopher Davis
Fundamental wealth generating question with example
Hi Everyone, I'm in the self-educating-need-to-pull-trigger stage, planning out some paths towards investing in my first property. A little bit of overwhelm too. I have a question on the fundamental concept of generat...
Jeffrey R. White
What % Do you Use for Repairs, Vacancy, Cap Ex, Mgnt Fees?
I am new to BP and signed up for BP Pro Subscription and am diving right in on property analysis. My goal is a property by the end of October.IN regards to the Rental Property Calculator I am wondering what are the t...
Kelly Conrad
Question on using Google Voice
Hello!I have a phone that is both my personal and work phone. I have set up Google Voice, however it sends everyone to the Google Voice voicemail. Ideally, I want anyone who calls MY number to go directly to my phone'...