Philippe Busque
Investing in moncton from quebec city
Hello guys, I am getting more and more interested in investing in Moncton, nb. I live in quebec city but my market does not make much sense if I want to build another income stream from RE. I'm currently house hacking...
Jacob Richard
Analyzing a Rental Deal of a SFH when moving out of the home
Hey there everyone!I am brand new to BP as of just a few hours ago. My wife and I have been interested in Real Estate for some time and are trying to jump in. We're a military family and know that we'll be in this loc...
Kheri Mourad
Can't stop thinking about rental properties
So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I fe...
Andrew Oddo
Should I sell my house or rent it out before moving?
Hello, I bought my first home in texas just about 2 years ago, a 2011 built 3 bedroom 1500sqft home for 124k. I owe about 91,500 on the home now and it's worth around 140-160k now. I'm on military orders to move to Sa...
Kaustubh Johri
Underwriting a Self Storage facility - Help needed
Need guidance and direction from the experts here. I am looking at a SS facility in GA. Following are the details - - 15000 NRSF - 110 UNITS- 60 Parking Spaces - Physical occupancy - 93% , economic occupancy - 60% - P...
Andrew Gingerich
Multi Family Cap Rates and Valuation?
Am I doing my math wrong? There is a 14 unit in my town listed for 3.6 million and a 30 unit listed for 4.1 million.
Gross rents on the 14 unit are probably 21000 per month or 252000 annually. If I assume 45% of ren...
Dan P.
Check My Math for a Memphis Investment
Hello,I'm in the process of purchasing a SFH in Memphis but my numbers are calculating an annual loss of almost $1,600/year. Is this a poor investment or am I over estimating expenses? Context: This is a SFH built i...
Heather Pelletier
Deal or No Deal?
I have found a motivated seller, (he is moving to Florida and really wants to tie things up. Houses have been on MLS for 384 days) They are in a decent neighborhood and 4 out of 5 units have been updated. The 5th u...
Toben B.
Skip the contractor and hire the worker?
After hiring multiple contractors who push the price up and then hire some guy for $10 an hour who actually does the work I am wondering how hard it is to hire those guys directly.This does not apply to electricians a...
Patrick Hill
CASH FLOW AND DEBT SERVICE QUESTION
Hello, is this a deal if its actual information? I see a cash flow of $36,876 / 12 =$3073 monthly. Down Payment of $415,000 looks like the difference of the Selling Price to existing Loan balance. I guess it would b...