Michael Madden
Financing the whole amount of a property...
Im buying a 4 unit building.price is 150K.rents are 25,200/yrtaxes are 6,000/yrwater/insurance 2,300/yrIm paying cash and doing a cashout rifi at 4.75 amort. 25 yearsSince my out of pocket is basically 0, am I in bett...
Mark Shafer
Student Housing Condo
Looking at a student housing condo. Rents for $1510 per month. 4 bed 4 bath. Renting handled by management company for 8.5% and HOA is $200 per month including water and sewer and master policy on building.
List pri...
Michael Goldsmith
Comp Software Comparison
Hello Everyone!Is there a list of available software options for viewing comps and/ or creating an analysis of a property versus available data to determine if a deal is good or not? I've found one or two, but I'm su...
Curtis Regan
House Hack - Grand Forks, ND
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $255,000
Cash invested:
- $8,900 Down Payment-$13,000 Repairs-$22,900 Total Cash Invested
Each unit is 3/2 with app...
Jennifer Le
Mobile Home Park Property Management
Hello BiggerPockets family! I am starting out in real estate investing. I am super excited to get started! I am looking at a mobile home park that currently has four mobile homes rented out. It's looking like it would...
Dennis Gallof
High Priced Condo Insurance in Miami for STR - Referral?
I'm in the process of getting an HO6 condo insurance policy in Miami at 20% coverage of purchase price and with hurricane/wind coverage, and I'm finding it difficult to get a good premium rate. One company I reached ...
Account Closed
How much in reserves do you have?
Hey everyone! I have some cash to start spending on several more rentals properties but I don't want to overleverage myself. How much is too much leverage for you guys? Do you follow Dave Ramsey's rule of 3-6 months "...
Dom Barlow
Need help with property analysis
Hello all,I did an analysis for a property I am interested in below. This home is owned by my family so it is off market. I was hoping to see better numbers and it was disappointing when I did not. Based on Zillow, th...
Jesse Ramirez
90% cap rate even possible?
Found a 20 unit multi family complex for sale. Broker claims the cap rate is at 90%. Hmmm.......sounds fishy
Daria B.
where to include rehab into analysis on a buy and hold
Hi,Property came on the market that I've been looking at. Needs rehabbing and I'm looking to buy, hold, and rent.I have a ball park on rehab and am verifying with a contractor to walk the property.Am I on the right tr...