Eric,Without going into too much detail on each line item, at first I use my back of the napkin method with a 40-50% expense ratio.

We have been around the bigger pockets community for over a decade now and have more 5 star reviews on bigger pockets than any company on this website in any industry (>270  5 Star reviews).

Does anyone know of good companies in Arizona that I can contact? We are at the feasibility stage and need help determining the best way forward for the land we have in Maricopa, Arizona. We are considering building a...

@Joshua Simmons Congrats on starting the journey!

Seeking feedback about the Momentum 2025 Virtual Investing Summit.
Have you attended a past summit?
Do you recommend it?
Is it mainly a sales pitch or is there good knowledge that you cannot find elsewhere?
It loo...

Turn on any home renovation show, and you’ll see investors turning run-down properties into stunning dream homes—selling them for a hefty profit.

Jacob,The advice you are getting from this guy who is "in lending" is very vague and is not covering all of the fine lines that manufactured home financing requires.

Keep in mind STR guests will be rough on plumbing. 

Got an equity line of credit and borrowed from it to pay cash for the property.

Like should I have a folder on my laptop for the tenant and keep a copy of each payment I receive from them?