Good day everyone and I hope your RE investing is going great! Starting this one off with an introduction. I’ve been in the RE business for three years now and I love it! I’ve had an unsuccessful flip and lots of whol...
what's easiest way to find a property's market value?. As a New Real Estate investor i don't want to end-up buying a bad deal because i don't know what the market value of the property is. Also, i think that everyone ...
I am looking at purchasing a small mobile park with 4 park owned units. What is a good way to value the park with the park owned units? I have the value of current rents being paid.
I recently purchased a 4-plex at $640K, with financing though a residential loan. It was appraised at $647.5K based on the gross monthly rent of $3500 multiplied by the Gross Rental Multiplier of 185. We recently adde...
Rich Dad had a free webinar on real estate investing. The speaker's name was Jason. In the webinar, he talked about a mathematical formula to calculate MAO from gross rental income. Like this.
(Yearly Gr...
I've been using the BP calculators. After I get the output, I am trying to reverse calculate these numbers so I can understand where they came from. I have been able to do that for all the calculations below EXCEPT th...
This is what I see on listings on Redfin, apartment complex for just under 5 millionNet operating income, is that after expenses but before debt service? I used to know this stuff but forgot as I stopped looking at MF...
Does anyone have experience investing in SC? I live near the state line and have avoided looking in SC because of unfavorable property tax increase to investors.
Hello BP,
I'm in the middle of a BRRR duplex project in San Diego. It is an identical looking duplex with approximately 720square feet each and 2 bedroom 1 bathroom. Right now, I am faced with a dilemma. Should I tur...
This guy has a really cruddy T12 and Rent Roll that he provided me with. its a 108 unit building with different unit sizes.
How do i estimate what the gross potential rent is as a quick estimate?