Account Closed
200+ units managed but want to expand Is it time for PM software?
Hello!My Family business has been managing commercial property (industrial and multifamily) totaling 200+ units for many years with just Quickbooks and spreadsheets. Things run smoothly but it requires practice to alw...
Andy Tomaswick
Hard Money Math
Hi all,I'm trying to better understand the math behind how much would be owed to a hard money lender that would fund a potential flip. I've made up some numbers to give an example of my understanding and would apprec...
Joel Castaneda
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Viresh Patel
Knowing Your Markets
Hey guys, hope everyone is doing well! I wanted to share something with you all about knowing your market ins and out. I recently purchased a duplex in Longview Texas. It is not as big as Dallas, Houston, Austin, or S...
Patrick Malinowski
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey BP!I'm looking for feedback on this deal analysis (see link above) for a triplex in C...
Felipe Soto
Estimating Rehab Cost in Multi-Fam Value Add deal
Hello everyone,I heard that when estimating costs for rehabbing a Multi-Family Purchase, someinvestors will estimate rehab costs as being somewhere from $10 to $25 per square foot. A 1200 sf unit would range from abo...
Daan Van Straeten
Pro forma cap rate calculation
Hello,When i was watching the analysis video on the BP Youtube channel i was wondering how they did calculate the Pro Forma Cap Rate.As far i know it is calculate like this:Pro Forma Capa Rate = ((Monthly Income - Tot...
Kareem Shihab
Mortgage Interest Deduction on Investment
Hi! I'm new here and I have a basic question. I own a Single Family home and deduct my mortgage interest. If I am buying an investment property am I also allowed to deduct my Mortgage interest? For investment propert...
Erik Peterson
Average timeframe for a flip
So I'm curious about what your typical timeframes are on a flip. Let's just say an average flip (more than paint and floors but less than a total gut job). From the time you acquire the property, how long is it taking...
Sean Harper
Newbie Financing Advice
Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KT...