Jake Baker
Scope Creep in the BRRRR Method
What tools or processes have you implemented to estimate rehab costs more accurately and avoid scope creep in BRRRR projects?
Jose Botello
Interest rates on duplex
Considering a duplex as a primary and rent out other unit. How do interest rates play in this scenario? It would be a primary home but will I have to pay higher rates because it’s a duplex?
Account Closed
Income tax when assessing deals?
When initially assessing a deal, how should I account for income tax on the rental income? Without an accurate number for write-offs I'm having trouble putting any faith in my calculated ROIs.Thanks!
Daniel Huang
Help with finding multi-family properties on BP
Hi, I am trying to transition to develop my rental income as I am in the final years of my professional career. I recently signed up for BP and found the calculators on this site to be very helpful. However, I could...
Jamelle Messinger
2 Percent Test - 2020
Now I know that this test is just a ball park number and should be taken with a grain of salt, but in the book, "Rental Property Investing" by Brandon Turner, he gives an example on a $300,000 home with the rental inc...
Jon K.
How much do you pay for drywall guys?
How much do you pay for drywall guys to repair a wall or ceiling?
I got an estimate of nearly $2000 for part of 1 room. Absurdity.
That's when there's less than $50-75 in actual supplies (drywall, tape, mud, paint...
Matt Donley
Estimating repairs with no interior access using 3D modeling
I wanted to provide an overview of how to more accurately estimate remodeling/repair costs on a property that has no interior access, by using 3D modeling. This would be property that is currently occupied, out of sta...
Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Account Closed
Fourplex Analysis Help
Hello BP, 25-year old from Texas here and I'm itching to get into the game. Here's the first property that I've come across that seemed actually worth my time to crunch the numbers on, help me see if this is a good de...
Matthew Shay
Investment criteria for buying Apartment Buildings
I am interested to hear different investment criteria that people have for multifamily properties. I know that this is a subjective question. Some of the metrics I want to know about include cap rate, COCR, IRR, DSCR....