All Forum Posts by: Robert-Marlo Bautista

Hello Ken

If you have a Windows operating system, you can use the Snipping Tool.

If you have a Mac:

1] https://support.apple.com/en-us/HT201361

2] Command+Shift-4

Cheers

Robert

Thank you Taylor.

I visited the property yesterday after running the numbers: To make matters worse, one of the unit's former tenants were heavy indoors smokers, trashed some doors and toilets, and there was a electric line that was 10 ft from the ground.

The upsides that I see:

1] Long-term tenant in the next unit, Section 8

2] Close to the university

Any limitations to rent increases regarding Section 8 tenants?

Hello Mr. Dwelle

Vacancy rate as per the seller: 0% since 2007 when he bought it until last week [1 of 2 tenant moved out last week].

Capex: 10%

Electricity: Each tenant pays for their own.

Water and sewer: $20/mo

HOA: None

Monthly insurance: $100/mo

PMI: 0

Property Taxes: $3374.17

Property Mgmt fees: 0 [None used]

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hello everyone

I have taken the plunge into real estate investing after listening to BP podcasts over the past year with the goal of financial independence.

How have I taken the plunge:

1] I have visited 2x single family homes in the past 2 weeks.

2] I have visited 2x duplex properties today [See attached file for the duplex of interest].

3] I have obtained bank pre-approval for a loan.  Only to find out that it's approved for single family homes, now I have to find another bank who will approve me for multiplex property loan.

4] I have obtain a real estate agent on my team so far.

I'm still trying to get a hang of doing the calculations. I feel like I'm missing some information that would help me more accurately gauge a property and I am not sure how to obtain that without the help of a real estate agent.

I am open to and appreciative of any feedbacks on how to improve my journey towards financial independence via real estate investment. It is a lot harder than how the BP podcasts make it out to be.