Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $190,000
BRRR'd a dilapidated home into a college rental. Converted it from a 4 bed / 2 bat...
Hello BP! I’ll cut right to it. Im trying to walk myself through the BRRRR method while using an FHA (203k most likely) to fund my first property. Once that’s done, and I refi, how will I be able to pull out enough $$...
1031 Exchange Question - Let's say the investor has already sold her relinquished property (which was owned free and clear with no debt) and afterwards has $325,000 in 1031 exchange funds available. The investor is no...
Good Morning,In the next month or so, I am offering on a 12 unit Multi- Family property. My question is, how should I go about making this offer? Should I type something up so it will be more professional? Speak with ...
Whats up BP,
So i found a duplex in my area that just hit the market 2 days ago, It's list price is $179,900, it needs a lot of work but it's currently being rented for $2,115 (unit 1: $1,265, Unit 2: $850), cashflo...
Hi BP,I live in Charlotte NC and have a townhouse currently rented to section 8 tenant. Rents are $995 for the past 2 years. I plan to increase rents when renewal next year, but having trouble figuring out what a fair...
Hello Everyone,I have a home free in clear and i was recently trying to get a HELOC. The bank denied me because of Debt to income Ratio. My house is worth way over 400K, what would be the best way to approach this? Th...
I've created an account on this forum solely to seek advice from other property managers about a situation in my workplace regarding my commissions being garnished.The backstory is that last month our occupancy was sh...
Hello Bigger Pockets Community,I am interested in learning more about the market in Cleveland, OH. Can anyone give me a suggestion of what gross rental return investors are shooting for on rental properties? I know it...