All Forum Posts by: Paolo Nascimbeni

Well also do you need a property manager for just 2 properties?  If you get a deal with a handyman that would probably be more cost efficient.  

In order to have some ideas yourself if the number make sense  I think you should download a Back of the Envelope excel template -  Make sure you understand it and you get it right and then fill in the numbers - Just to  have an idea.  

Sorry about my 'stupid' response. But why don't you put it all in Excel, all the income all the expenses ( the one they gave you plus the one you can think ) and Calculate the Cap Rate ?  Also what is the condition of the units ?  How long will they last ...  

Once you get the Income you deduct the operating expenses you have a Net Operating Income

Value = NOI / Cap Rate ( Find out the Cap rate for similar units in your area )

I am an investor in Rockville Maryland. I have been into SFH investing except for one small Commercial deal and I am here on BP to expand my capabilities

Thanks Ethan.   I am in Italy till June 13 but developing Broker relationship is probably what I will try to do when I return.

There are many other expenses when you actually own a rental property. An excellent way to screen a property for investment is the calculator on this site 

https://www.biggerpockets.com/buy-and-hold-calcula...

I know there is a similar discussion already but it is 2 years old so I was starting a new subject.

I am an investor in Maryland usually dealing  in residential but I personally did one commercial deal and it turned out to be quite good.  Now I am am looking for more commercial deals for me and a friend/client of mine ( I am a realtor as well ) 

Where are the best places to find commercial?  

This is what I found so far

- Loopnet

- Showcase

- Costar

- Commercialsearch.com

- Auctions sites

- MRIS

- Brokers 

Any feedback / suggestion on the above? Two years ago I had a Loopnet subscription and it was just around $99 a month but now is about $250 a month -

The list of events shows for WHERE  Rockville Maryland. Just pointing it out in case you want to fix it. 

I would like to know something more as well. I am not an expert in the Baltimore area.  

It is in Olney. There are many offices available in Rockville / Olney area - Well I am still trying to figure out where I go next.