Check this out! I did a test and input this data into ChatGPT: What is the ROI and monthly cash flow on a property purchased for $135,000? - Property taxes and insurance costs are $101 per month- Down payment is 30% o...
I am considering buying a unit to rent out in the Fort Lee, NJ area to own for 30 years and then sell. I am looking for advice on my ROI calculations and if this is overall a good investment. There are approximately...
Hello! I'm new to the investing world, and was wondering about different ways to cover yourself if things go wrong - specifically, if you can't find a tenant, and are unable to pay the loan on a property you haven'...
I'm considering purchasing a home in Sussex County. I've been told that it has a bad septic system and I'm familiar with how they work. Anyone been through the process and have any tips on how to work through the bu...
Hi Everyone!This post is 2 questions in one, if it's suggested I post these separately let me know!First off is my investment strategy. I have some capital to work with and can buy residential properties with cash. ...
I am in a tough situation. I am ready and willing to take action but I need to narrow down a strategy. I am a busy professional with a busy private practice. I live in Socal and have decided to invest out of state ...
Hello everyone!
New here to Bigger Pockets so let me first start off by saying this community is great. I've been aware of Bigger Pockets for the past few months of have recently started doing some serious sn...
We currently have an Indianapolis duplex under contract. The property is tenant occupied with section 8 tenants. I've searched for information on taking over a section 8 tenant, but it seems to be unclear. We are not ...
So I’m using the bigger pocket calculator. When I put my expense in such as 5% repair, 5% cap ex, 5%vacancy I get a positive cash flow but on the 50% rule I get negative cash flow. I’m not sure which one to follow. Am...
I do wholesale assignments. I am looking for an Excel sheet to help estimate repairs. Does anyone have one I might use?