Michael Spindler
Not another 50% question! Read a blog already… : )
Hi BP,
Hoping to get some feedback on this, as this stage of planning is crucial to my strategy and the source of many headaches… Sorry this post is so long.
First, I am guessing the reason targets are still on th...
Robert Fernandez
Tax Strategy, Construction LLC?
I'm a newbie investor in the Baltimore market, and am fairly hands on rehabs and construction process. I plan to act as the General Contractor, sub-contract some rehab work and take on some myself to keep my rehab co...
Dwight Sands
Underwriter's Perspective for Self-Employed
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...
Rachel Payton
Should we pursue this property??? in Oregon
I'm at a crossroads about a 5-plex that's for sale. Hoping to get some opinions on whether my husband and I should move forward. Here's some background info:5-plex. 4-1bdrm and 1- 2bdrm apartment. Definitely has s...
Account Closed
Why am I ALWAYS getting negative cash flow?
Why am I ALWAYS generating a negative cash flow? I already own a home I live in, and want to invest in another property nearby. However no matter which house I look at I never can seem to come out positive! This vi...
Julie Noone
Can't make rentals cash flow without cash
I've listened to podcasts about using other people's money for RE investments, but once I figure loan payments, we can't make the properties cash flow well without more free and clear cash. Example: $990k 9-plex, gros...
Michael Wentzel
crunching numbers on first multi-family purchase (4-plex)
So we've held two single-family homes as rentals for the last few years. We recently sold one and we're looking to purchase our first multi-family, a 4-plex.
Here are the numbers....
Purchase price- ...
Rameez A.
Help decide on this deal
Hello Fellows,Can you gurus pitch in on how this deal is and how should i move forward? my strategy is to House hack and rent one unit. I have a full time job so in my analysis i am paying rent to myself. I will self ...
Brent M.
Possible Next Deal!!
Seven fourplexes (28 units) near the beach in Florida. Seller has provided 3 years of tax returns and all related documents for expenses. Appears to be very stable property, decent condition, in a B/B+ area.Price- $...
Anmmar Alsaggaf
4-Plex Analysis Fresno, CA
Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...