So, since something in my subconscious is holding me back from believing I can find deals with bandit signs and asking friends and family, I gravitate toward other means of scouting. Any opinions on buying rehabs fro...
Hello, all,
Regarding the spreadsheet that Brandon used on the webinar, where is the 50% rule applied? It seems like the "Net Operating Income ($ left to pay mortgage)" cell is using 100% of the gross rent. I...
I'm selling a package of 8 duplexes. According to my research a pure Cap Rate does not include property management expense. Haven't used a property manager, however all repair and maintenance expense has been included...
I was wondering what exactly is the difference between ROI and Cap Rate. From my understanding ROI is initial investment/net income x 100.
Is this the same for the cap rate, or is it calculated differently?
I purchased a duplex to house hack and I've listed my current house FSBO at $219,000 with 3% commission for buyer agents. I've received a full asking offer from a represented buyer however the buyer is not able to pro...
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...
Hello, is this a deal if its actual information? I see a cash flow of $36,876 / 12 =$3073 monthly. Down Payment of $415,000 looks like the difference of the Selling Price to existing Loan balance. I guess it would b...
Hello BP Team!I’m trying to get a better sense regarding the way I’m analyzing deals and how much I should be offering for different properties. I’m a new investor so I’m using very basic rules of thumb like the 2% ru...
Lets supposed I owned 5 Properties (3 duplexes and 2 SFH) with 325K market value and purchased them with private money with 10 year repayment period.The properties would be owned by an LLC for 1 year and showed a po...