Ted Schirm Jr
New To Bigger Pockets/DSCR Loan question
On the recommendation of a friend/client I recently joined the Bigger Pockets Community and am working on expanding my network. I have 20 years' experience in lending and love to chat with people about experiences the...
Kyle Marsh
Investing in College
Should I invest in a rental property now, or wait until I graduate college? I am currently a Sophomore and would hope to invest in a rental property at the campus I attend in the Summer before my Junior year. I'd use ...
Account Closed
Game Plan / Road Map
In Turner's book, he talks about four plans an investor can take. They're very detailed and can be modified. This is my version year to year and I would appreciate any feedback.Overview: - End Goal: 100 tenants and th...
Kalp Mehta
Buying a Property with Negative Cashflow
Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
Andy Wilson
How would you define Over-leverage?
Hi BP,I realize again the importance of avoiding over-leveraging especially in this unforeseen recession crisis. I thought I would never leverage more than I can handle (pay them all back) in the worst situation, but ...
Steve Kirsch
Estimating common expenses for a rental property
Hello all,I watched the brief video by Scott Trench regarding how to estimate common expenses in preparations of determining rental income potential and cash flow reserves. He discussed simple expenses such as basic u...
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Account Closed
What are you doing with rental income?
Hi Readers,
Question for anyone who is currently receiving rental income - what are you doing with that money?
I have a multi-family property in NYC where I am cash flowing anywhere from $300-900 a month depen...
Phillip Denny
Risk Mitigation in a Good Economy
Lately, I've been thinking a lot about risk as the economy keeps on rolling. My biggest fear as an investor (and father of 3), is that I'll overextend myself and end up in the same position that a lot of people were ...
Santosh Prabakar
Condo vs SFH
What are some of the advantages of buying a condo instead of SFH for LTR? I understand condos doesn't appreciate and might have high HOA.