All Forum Posts by: Fernando Navarro

Hey @Nigel Ford, I think Brandon from Bigger Pockets did a great job breaking down this subject via video. It can be found on Youtube, titled, "Calculating Numbers on a Rental Property." The link to that video is attached below. Hope this helps! Please be advised that each market varies so you will want to alter expenses accordingly.  

@Todd Dexheimer Thank you for the recommendations! I agree that Michael Blanks book is insanely good. However, I've been hesitant on taking his course/mentoring program because I was so unsure on what to expect. I didn't want to fall into a sales trap like some other courses I've heard of. Yet, hearing that you know people that have taken it and stated that it was good is making me reconsider. Thank you again!

@Rafi Mizrahi Thank you for the recommended event. Honestly, the bigger deals come off a bit intimidating because they require more capital and more property management experience. However, I have to break out of this mindset and just get involved and surround myself with experience people like the BiggerPockets members and staff. 

@Theo Hicks I completely agree! As I am starting to do more research just through the bigger pockets website alone, a lot of small questions I had are being answered already through threads. Thanks again!

@Charles Soper You mentioned Michael Blank and I have been reading his book as of late. Do you use his syndication calculator? I've heard great things about Joe's syndication school as well. I am thinking that in order to get to the nuts and bolts of everything, it would be ideal to invest in a program and/or attend the events that are mentioned. Thanks again!

Thank you for the quick response @Charles Soper . For my first property, I am looking to get a 2-4 unit because I understand I can take out an FHA loan which will only be 3-5% down payment. However, in the short future, I do plan on scaling to 5+ units. The goal is to start building my portfolio now. Yet, my ultimate goal is to scale into apartments with 20+ units. So, would I look at the 2-4 units similar to single family homes? If so, do you have any recommendations on how to dig more into breaking down 5+ commercial multifamily properties?

Hello, I am new to the BiggerPockets platform and new to real estate investing. However, I am extremely interested in investing in multifamily properties and was wondering if someone can direct me to some great sources on how to make sense of a deal, in specific, the underwriting process. Or if so, can someone steer me in the direction to find out more about this?