Bradley Benilevi
Please Explain Rent To Price Ratio
9 January 2025 | 4 replies
Most values for this metric on this site are like 0.70% (Watertown NY for example).
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
Used what I know from wholesaling to come up with the estimations The numbers is used are based on a these assumptions:- Cost to build* (2024) = 150/sqft National average, 141/sqft Tennessee Average (Source: Houzeo https://www.houzeo.com/blog/how-much-does-it-cost-to-build-a-house-tennessee/#:~:text=The%20average%20cost%20per%20square,idea%20of%20the%20construction%20costs.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.
AJ Ali
Lake House, event rentals blocked
31 December 2024 | 1 reply
They asked how we got a hold of a site from a private listing.
Leon George
New to BP Community
12 January 2025 | 11 replies
It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks, Sam!
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
It looks like according to the county site (sbcounty.gov) they require all renter payment go to the active owner.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
For example, if I purchase a site entitled to 100 dwelling units under a newly formed holding company and the only thing linking me to it is a shared PO box mailing address on the holding entity, the lender gets alerted.
Daron Payne
Anuobe have experience with Walter Wofford
8 January 2025 | 5 replies
On the site you will find lots of educational videos and networking opportunities he has put together.
Kwanza Price
Advice for Finding Contractors (San Francisco)
11 January 2025 | 2 replies
I put supplies on the job site.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
This also makes it eligible for bonus depreciation (60% in 2024) or Section 179 deductions if criteria are met.However, if the RV is permanently affixed to the campground site and functions as part of the real estate, it may fall under residential property classification and depreciate over 27.5 years.
J Lee
Philadelphia Sheriff Sales (Mortgage Foreclosures)
14 January 2025 | 3 replies
I bought a vacant property on Sherriff sale last year on the ********** site.1.