Ibrahim Hughes
Valuing using CAP rates & IE sheets
Greetings everyone:
When analyzing commercial property and I receive the income and expense sheet from the realtor or owner, it rarely includes the vacancy rates and management fee. Should I include this (3-5% for va...
Chris Pasternak
First Flip Analysis
What do you guys think? This is my first go at analyzing a flip. Overall, I like to be on the conservative side. A bit about the house: 2 bed 1 bath, half duplex, 830 sqft. Right now it's listed at 25.9k with ...
Robert Jones
Current Political Climate
Anyone feeling super confident doing deals in the current political climate?
Ryan Mosch
New to BP and looking at our first property to flip.
Hey guys! My first post here.
My wife and I are going to look at a property on Wednesday. This would be our first “purchase to flip” property. It’s great deal at $37 a square foot and in a great neighborhood. It is ...
Adam Craig
Help with review of financials on 24 unit apartment building
I am in early stages of looking at this off market deal. 24 unit apartment building. Sellers is asking 1million and provided the numbers below.
Below the income numbers they ran some numbers for financing at the fu...
Sean McFadden
Flip #1, Frye Ave House
Hey all I am finally following what I love doing and it is wonderful! Being 24 yrs old and having a decent job etc most people thought I was crazy for taking this project on. I will be updating this post as I go un...
Swat Khan
15 unit + Full Rehab | 60% ARV financing options?
Just wanted to share this off-market 15-unit apartment complex deal and get some more ideas. Would like to conjure up ideas on how to get this deal funded with short term financing.My initial thoughts: Property is not...
Jake Cohen
New Multifamily AirBNB Renovation Complete!
The details:Total of 7 beds, 4 baths divided into 3 units in Steamboat Springs, COPurchased off MLS for $695,000, 25% down.Approximate remodel & Setup Cost: $200,000Total Cost of project upfront: $373,750 Traditi...
Jerry Villa
Advice on searching for lenders and how credit can be affected
I've heard on biggerpockets podcast hosts suggest you to keep on searching for Credit solutions, even after one bank has declined your application, so i wanted to know how does shopping around affect your credit? Do y...
Dave H.
Feedback sought for contractor estimate
Hi everyone,we just received these costs from our contractor in MI and it’s the first time we’ve gave him a chance to estimate. The house is 1000sqft. This is for a retail flip.Some of the items aren’t detailed enough...