Jason Chambers
CALCULATING THE CAP RATE
Can someone please explain the cap rate and how to calculate it according to my offering of a property. I just purchased my first investment thanks to everyone on here and it went very very well. I think I got lucky...
Maxwell Manatt
Diving deep into the month by month numbers
Hey BP,Does anyone have a Monthly P+L/budgeting template they use for underwriting bigger value add apartment deals they would be willing to share?Have an accepted LOI on a 46 unit apartment building. The value add wi...
Davonta Williams
Possible or Impossible
Is it possible for new agents to make a 100k a year part time ?
Ahmed Moussa
Any Kansas City folks able to chime in on this area/deal I'm looking to buy?
Hey Fellow BP'ers, I'm looking at a 2/2 duplex on 49th Street near UMKC. The numbers look great ($75k purchase, $1050 total rents), but I wanted to get folks take on the area. Like, would you let kid live there if the...
Tony DeMario
New member from Cumming, GA
Hello BP community!A colleague of mine turned me on to BP a few weeks ago and I’ve been listening to the podcast ever since. I recently moved to Georgia after being in Brazil for 6 years. I am excited to take advant...
Ellie Perlman
Should You Shy Away From The Best Class A Apartment Buildings?
When it comes to multifamily properties, some investors stick with Class A properties and see them as the best asset classes in the multifamily sector. After all, they are usually fully leased with top tenants, fetch ...
Craig S.
Is Net Income or Gross Income Used For A Mortgage?
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
Jonathan Tabak
Billing Back for Sewer Charges In New Jersey Multi Families
Hi everyone.
I hope you are staying safe and healthy during this time.
I currently self manage my family's residential multi-family portfolio in New Jersey. We have never charged back to the tenants the sewer u...
Tim Ball
A couple questions on tax lien investments
Lets say the interest on a tax lien you purchase is 12%. That 12% is annual interest rate. Lets say the lien you bought was $10k. If the homeowner pays the tax lien off in 3 months, do you still make 12% on your mone...
Bryce Ewing
My First Loan
I am just starting out as a real estate investor. You can read my bio for more info, but a quick overview of my situation: I am 20 years old, and currently in college. I have an internship as a property manager. I man...