I've had several conversations recently with new investor clients trying to buy their first rental, and the first question most people ask is "how do I know if it will make a good investment?" My go-to calculation for...
I’m curious what COC you all are seeing, particularly those who didn’t get a mortgage with a 3% interest rate. I’m considering adding a medium term to my portfolio and at the very beginning of information stage. I pla...
As a new investor. I am more concerned about gross cash flow.
Which is simple rental income - principal-interest-tax-insurance
In the Indiana market I have been shooting for $500 in cash flow per proper...
Cap RateCapitalization rate is a valuation measure that can be used to compares different real estate investments. Capitalization rate is also referred to as cap rate. Ideally, cap rates are calculated as a ratio betw...
Hi All,These days what would you consider a minimum cash on cash return on a small multifamily (4-8 units) that you would be comfortable with to make purchase? And from your own experience how much was the closing cos...
Can you help me understand this? When I see methods of evaluating rental property it always appears focused on Year 1.Are Cap Rate and Cash on Cash return only Year 1 metrics? Is the popular 1% rule a Year 1 metric? O...
When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...
I own a rental property that has decent cashflow $430/mo.
Since I am an agent I covered my closing costs with my commissions.
Total out of pocket was $9,000.
Cash on cash return is 57.3%
I bought the house 1 y...
I stayed up till 2AM last night submitting 20 applications to have "We Buy Houses Cash" Businesses make an offer on a property I have under contract. My asking price is $105,000 for a 2bd/1ba 986 SqFt home in Rock Hil...
Hey All. I thought I would share this cool package with the community that we put together for an Investor last week on Friday. We are set to close on it this week, I thought some feedback from the BiggerPockets membe...