Agustin C.
Rent or sell my House
Hello BP community,I will be purchasing a new home in the next year or so and I havent decided whether or not I should sell or lease my house in Houston. My PITI is currently around $1200 and rents in my area are arou...
Eli M.
Appraisal is too low
Dear BP family,My appraisal came in lower than I expected.What is the best course of action now?For the future, can I ask the appraiser to send me the draft before he submits it to the bank?In case the new appraisal i...
Kris Miller
Multi-Family Purchase Analysis
I am new to BiggerPockets but looking for a second or third opinion on a multi-family purchase analysis in Fort Wayne, Indiana area. I am looking at a 15-unit property. I have run it through the BP Calculator using ...
Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Will Fraser
I want to live in the mountains: help please :)
My family is growing and as we grow in size we also grow tired of the mundane life of the plains. There is a lot to appreciate other than natural beauty, but as native Natural Staters we love us some outdoors. Parti...
Toben B.
Is 24 units a decent size apartment complex?
I am going to make an offer on a 24 unit apartment complex. I had heard that 40 units was the smallest to consider. That being said I now have 17 units spread across duplexes, houses, and a quadplex. I will need to u...
Curt Davis
What Is True Positive Cash Flow?
I see people post properties all the time and say things like " This property has over $350 Positive cash flow per month " but when I take all the information they provided and run it in my system it really only comes...
Chris V.
Stockton Deal Analyses – Estimating Costs
Stockton Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing an...
Baird King
First Timers SCORE in Santa Barbara
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $860,000
Cash invested: $50,000
Converted detached bedroom into permitted ADU. Bringing in $2,200 for the A...
Bryan Hancock
Generating Large Depreciation Expenses With Positive Cash Flow
We're doing some planning for next year to reduce taxes and I was hoping some of our more astute investors could give me some ideas about generating large depreciation expenses to reduce passive income. The following...