Your Real Estate
Investment Command Center
Evaluate the property, understand the operating work, and plan your next step. Start with practical tools, educational videos, and a conversation about your goals.
A six-part checklist for your next property conversation
Work through each step systematically. Separate verified facts from estimates, and keep your numbers grounded in property-specific documents.
Start with the property
Collect the address, asking price, unit mix, rent roll, leases, and current condition. Separate verified facts from estimates.
Build an operating budget
Include vacancy, taxes, insurance, utilities, management, recurring maintenance, and reserves for larger replacements.
Review financing
Compare down payment, interest rate, loan term, fees, and monthly debt payments. Ask your lender which terms apply to this property.
Plan the management
Decide who handles leasing, resident communication, repairs, vendors, and reporting. Price the work even if you plan to do it yourself.
Check the downside
Try lower rent, a longer vacancy, or a major repair in your worksheet. Know how much cash you would need to keep operating.
Prepare for due diligence
Review documents, inspection findings, insurance quotes, and local requirements with the professionals involved before committing.
Net Operating Income
Rental and other operating income, less vacancy and operating expenses; financing and income taxes are considered separately.
Cash Flow
Also account for debt payments and the reserves or capital spending in your plan. Use property-specific documents and professional review.
Watch, learn, then ask better questions
Practical video lessons from BiggerPockets. Historical examples illustrate a method; they are not current local market forecasts.
Analyze a rental property, start to finish
BiggerPockets walks through a rental-property analysis. Use the method to organize your questions; update every assumption with current property information.
Watch on YouTubeHire a manager or manage it yourself?
A BiggerPockets discussion about the time, responsibilities, and tradeoffs of property management. Consider the work involved before choosing an operating plan.
Watch on YouTubeFor a possible 1031 exchange, start with the IRS overview and speak with your tax adviser and a qualified intermediary before structuring a transaction.
What are you looking for?
Tell us about your investment goals and we'll connect you with the right resources. Your inquiry will be sent directly to ben@housingpa.com.
Tell us about your investment goals
Whether you're analyzing your first deal or scaling a portfolio, share your objectives and we'll point you to the right tools, data, and local expertise.
Send an investment inquiryAlready own real estate? Who's managing it?
Let us help you manage your investment. Contact us today for a property management proposal tailored to your property.
Get a management proposalWhat Are You Looking For?
Tell us about your investment goals and we'll connect you with the right resources.
Your inquiry will be sent directly to ben@housingpa.com.