All Forum Posts by: Suresh Kannan

@Franklin Romine Great point. Thank you will use that criteria as well.

@Varun Parkash I think @Mark L was referring to return, I mentioned about the 1% rule the rough method to see if the property returns 1% of the purchase price as monthly rent. 

Thank you my friends for responding and sharing your thoughts.

Hello,

Looking to connect with wholesalers, who deal with properties in California and Nevada, looking for multi family properties.

Best regards,

Suresh

@Account Closed Thank you for your feedback. So the properties that you own, I am assuming in CA, you are counting on the appreciation in CA that will make the deal worthwhile in the long run? is that why you buy these though the cash flow is not much?

Thank you @Ali Boone.  Appreciate your response!!!

Dear BP Family,

I am looking for Cities in CA, to invest in rental properties, all the calculations I learnt from BP and elsewhere is not making sense in almost all the properties I have been searching(mls, realtor sent listings, etc) the ones that fit are either very old ones, 1900s etc.,

So, requesting your take on the Investments when you invest in properties that you own in CA?

What are you looking for? other than the Cashflow, caprate etc., Interms of when it was built etc.,? 

Do you own properties in Northern California? and If Yes, do you dont mind sharing the analysis before you bought it?

Thanks and appreciate the help.

Thanks @Richard B. Will keep that in mind.

@James Kojo, I have made some calculators based on the formulas I found from BP and else where, you are totally right, I am looking to get all the different pieces like all the various expenses and how mucg to estimate and put it together in a format, that will be convenient for me to use. Thank you

OK, Got it. Great advice and that is in alignment with how I learn and take notes, and totally believe in the power of writing things down to grasp the concepts.