25 April 2020 | 9 replies
But, it all really depends on the individual doing the analysis.I have a simpler spreadsheet I've created that I'd be happy to share with you if you'd like - just PM me your email and I'll send it over.
8 January 2019 | 0 replies
If it intimidates you, don't worry, I will attempt to be concise and provide a laymens terms summary.Basic statistics crash course:Obtain as many sample rent data as possible (Zillow works)Define alpha for null hypothesis testing ( 0.05)Run multiple regression analysis (#bed, #bath, sq ft) against active rental list prices.Observe P-values for each metricResult:#Bed - 0.02#Bath - 0.04Sq ft - 0.02All are below or equal to 0.05, reject null hypothesis (statistically significant).Create multiple regression line using coefficients for each metric.Input variables from project property and solve for rent!
18 August 2018 | 9 replies
For several reasons, I'd rather not do that - can I just create a company profile and do it that way?
3 November 2018 | 10 replies
Hi everyone,I’ve always loved real estate and in coming across BiggerPockets, I feel like I’ve finally found a way to turn that into a way to create income and financial independence.
17 August 2018 | 6 replies
It will create a cloud on title preventing the seller from selling or refinancing the property without a release from you.
26 August 2018 | 37 replies
Why would you as a seller create what appears to be a fire sale of duplexes in the area????!!!!
21 September 2018 | 8 replies
Being a person that lives off the 15 in Scripps/Poway, it is easy to be envy the entertainment, shopping, dining and access to public transportation. 5 or 10 years I won’t have thought that.I’ve heard that mall renovations, trolley construction and the apartment construction has created noise, soot and dust.
4 January 2022 | 75 replies
If you understand it, you are more likely to buy right and manage it properly, which in turn, will create opportunity for you to stretch a bit on your second purchase, or your eighth.
26 August 2018 | 1 reply
ROE over 5 years is too low (I want 15%), you’re creating zero property value and your ROE in this example is being largely impacted by your 3% annual property value growth, that’s a bit high for me at this part of the cycle (2% would make me more comfortable) I would also make the assumption that your rents and expenses are growing in lock step.
26 August 2018 | 0 replies
Hi all,A couple years ago I moved out of my first primary residence and started renting it. I'm currently trying to sell it, and some strange issues have come up.The house is a single-family according to the County, ...