Cory Brown
Quick question regarding expenses
Thanks in advance for any opinions.I'm practicing analyzing deals. A pro forma from a turnkey company has cashflow on a property listed as 220/month, and the bigger pockets forum has it listed at 130. The difference...
Emory Clayton
% of Maintenance cost
What are yall using for your expected maintenance cost of a Mobile Home? Its my understanding through my reading/research that 35% is the typical number. However, I don't think I've seen it broken down as to what is i...
Juliann Morala
Boots On the Ground
Looking to do my first BRRRR out of state and I am wondering what to have on a checklist if I were to have someone go take a look at a property for me. Would it be best to just have a general contractor to go look at ...
Jose Morales
Can I do a portfolio loan on my 5 low valued rentals?
Hello!I own about 5 rentals in the same city in lousiana. I paid an estimate of about 25k for each in cash. (No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of sit...
Andre Vaughn
What Are the MAIN PROBLEMS with Wholesalers?
I recently got my first property under contract in the St. Louis, MO. market (Florissant, MO. to be exact). I do not have a buyers list but yet I have managed to make some great connections regarding my area where i ...
Roxanne McCallister
Places to get good stats for property?
Hello All,I have been looking at some properties and wanted to start practicing analyzing deals but I'm not sure where to get the information I need from. I live a rural area and I'm not finding much information for t...
Joseph Young
Retail and Billboard Real Estate Evaluation
Hello all, I currently own a business in which I lease a free standing building on .8 acres/2,200 sq building. Also on the property is a billboard owned by one of the major advertising companies. The landlord came to ...
Daniela Craig
How to Make offers on Multifamilys? Valuing 1-4 plex
Hey BP fam, I’m working on get my first deal and this is what I’ve run into. Is 65% x arv - repairs, a good estimate to value a a multifamily rental property ? I got a call from a motivated seller/ seasoned landlord h...
Kit Williams
[Calc Review] Help me analyze this deal
Hello,I appreciate if anyone familiar with the Union City, New Jersey market can help me analyse this deal. Mostly I do not know if I have the rehab cost done right. I think this is the most difficult number to master...
Pasquale Zingarella
Deal Review-Looking for help on my first offer
I am about to make an offer on a duplex for $137.5K. The roof and A/C were just replaced, I would have have to put in a couple appliances but nothing major. My broker is estimating around $1000/month expenses on a 30-...