Amber Koontz
Analysis Question on Multi-Family
Hello BP CommunityI'm currently learning everything I can on apartment acquisitions and proper analysis. My question is, when running the numbers do you include the CapEx and or Reserves as part of the operating expen...
Scorpio Johnson
Renting out: questionable history, please advise
We have an offer to rent out our property but the prospective tenants have some questionable history. Low credit scores (low 500), unpaid medical bills, a few collection agency accounts, supposedly never late on rent...
Nick P.
Understanding BRRRR in relation with refinancing
Can someone provide a numerical example of how to BRRRR your property into refinance? I'm confused with how much you can refinance. I.E. I buy a multiunit that needs improvement for 100,000. Rehab is done for 50,00...
Account Closed
can you buy a house with a credit card?
I have my first deal under contract. will close in the next week or two as soon as the title company is done with their work. I have a pre existing commercial line of credit set up that makes me the equivalent of a ca...
Solomon Woods
Newbie wholesaler in Chicago
Hello everyone I've been studying real estate investing for a few months now & I plan on starting out as a wholesaler. I went out with one of my buddies and he's a full time flipper. He showed me his properties &a...
Vinson Lee
How should I manage yard maintenance on my SFH rental property
Was hoping to get some advice based on experiences you guys might have had. I am planning on renting out my SFH in a nice neighborhood. I have a gardener that currently comes once a month to mow the lawn and trim th...
Brian Ristola
Analysis of NH Rental Prop
Just doing some lurking on the MLS to see where the 'market' is at:
These are some of the numbers on a 4 family that appears to be in decent shape..nothing special and fairly average
2006 Taxes: $4,187.00
Insurance...
Jim D.
Relationship of Principal and ROI
As I understand it, ROI = (Cashflow per Month * 12) / (Total Equity)
I'm having trouble understanding why principal doesn't count towards monthly income in this equation. For example:
I buy a rental for $100,000 wi...
Sara Wnek
Security Deposit for long term tenants 15+ years
Hi, I have a question regarding refunding the security deposit on long term tenants in Chicago. My husband and I have a property we just bought this year and next year in 2019 we are not re-newing one of the leases so...
John Nisewonger
Advertising my rental before old tenants moved out
So my tenants are moving out end of this month and they were great. Hate to see them go but they bought a place of their own so I cant blame them.
So I just listed the property available for rent as some of ...