Wendy Busa
New investor needs help w Bigger Pockets Rental Analysis Calculat
I am new to investing, so I am when I find a potential property I use the Bigger pockets rental analysis calculator. Trying to find 2/3 unit multifamily that cash flows. When I put in my numbers for vacancy, maintenan...
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
Background and Current SituationI currently own a home in Clovis, CA with $472k owed on a $487k mortgage. My total payment is $3500 (including escrow); it could rent for around $2700. The property is in a prime locati...
Richert Dart
Valuation for a Commercial Building
Hi all,I am in discussions with a 17 office commercial property owner that is looking to sell. All 17 offices are rented and he's clearing 250k in profit on it per year. Do I valuate this the same as a rental property...
Micah Hensley
Spreadsheet?? What do you use to keep track?!
Hey Everyone!
So my wife and I are new to this but we are excited to close in just a couple weeks on our first rental property! It will be a BRRRR project. Right now I'm looking for input on keeping track of rental e...
Angel Prentiss
Yellow letters - email address or not
Anyone noticing better or worse response rate when email address is added to the yellow letter content?
How about mentioning you have cash and financing, no agent commissions?
Thanks!
John Cameron
Making offers on MLS properties
What is the best way to make offers on properties found on MLS? I know this is where most of the competition is so my question is, is it best to make blind offers and than adjusting the offer if needed during due dil...
Luis Rojas
Appraisal value came in to low Help!
I just received an appraisal for $50K and I am in contract with the seller (Fannie Mae) at $71K. on a investment property (Duplex). Now I haven't talked to my lender yet but If the lender was still willing to give me ...
Joe Winkel
Victorville rental property
I am looking to purchase my first rental property here in Southern California. I'm currently dwelling on the idea of Victorville as home prices have seen a recent surge. I'm wondering if anyone has any advice or exp...
Jose Matuk
Interesting story and (legal) question
A friend and I met this lady who wants to sell her property in a suburb of Denver, Co. Running the numbers it seems like a pretty good deal, my friend lives there and he could manage it as a rental. When we started di...
Richard McRae
Applying Supply/Demand Analysis to Your Investment Decisions
The best investment advice I can give to newer investors can be boiled down to one item: PREPARE. One can hardly pull the trigger with any confidence if you don’t know your market well. Without this knowledge, you w...