All Forum Posts by: Vincent A. Cipollone

I checked out the Insights content for the first time yesterday. I think that a primer on how to use the data would be useful to those who may be new to BP or Real Estate Investing. Maybe like a "Beginner's Guide to Insights" sticky post on the sidebar of the page. Also, it took me a minute to translate NL, AL, and DL to New Listings, All Listings, and Deactivated Listings in the Excel file. Why not have the full term on the tab? Other than that, I enjoy the content provided and am excited for you guys to find your stride and do great things.

@Lee Burns I am not using the VA loan because much like the FHA loan, it requires me to live in the property. Another consideration is that there is a VA entitlement cap that I can not go over. That number is affected by locale (for example, I would receive much more entitlement for a property in NYC as opposed to Kingsland, GA) but I plan on using my remaining VA entitlement in the future for more pricey markets like San Diego or New York City. I already own a townhome in a Jacksonville suburb using my VA entitlement so I wouldn't want to blow any more on one market, especially one I don't live in anymore. I hope that clears things up!

Thanks, Dan. This was my first foray into the BRRRR calculator so I wasn't sure if I did it right. I obviously had some kind of error or didn't understand it fully. I also probably was a bit too aggressive with how much repairs and closing costs were going to be. The listing I saw had no photos of the interior so I had to just guess. I think the analysis I made on the Rental Property calculator was fairly solid but I've been having issues exporting it to PDF and the new calculator doesn't have a "Discuss in Forums" button.

I found this duplex in Camden County, GA near the Kings Bay Submarine Base, where I have served in the past. I've been playing with the calculators a little bit and this deal seems to meet or close to meeting my criteria but this would be my first deal and I'm not sure if the numbers I've entered are close or if they are garbage. The property has two month-to-month renters and there are no pictures of the interior for me to judge if I need to actually renovate. Thanks in advance for your help!

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