15 March 2020 | 15 replies
You will then obviously have to add additional costs, such as title search fees, title premium (which will vary depending on the cost of the property), recording charges, plus any loan fees (and escrows) depending on whether you are financing the transaction or not.
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28 August 2019 | 11 replies
All I'm really saying is: don't pretend that the portion of ones 2-4plex property managing income comes under the category of "real estate professional" (afaik).
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23 April 2018 | 22 replies
I've found that the Trulia heat map is pretty good in our markets, Indianapolis and Kansas City, but it's usefulness varies by market.
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23 April 2018 | 3 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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10 April 2018 | 12 replies
I have looked up rental rates and found a good price point to offer the 2 rooms, especially since they are varying in size.
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20 March 2019 | 7 replies
You’ll need to check local codes but if it’s zoned duplex, but currently the use is single family, you should technically be able to convert it if you bring it up to code (IRC - the version varies by jurisdiction) which requires attached two unit dwellings to be separated by 1 hour fire separation.
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16 April 2018 | 5 replies
They are all listed in the mobile home category if they're in a mobile home park.That said, acquisition prices tend to be much less than a stick built home on owned land.
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27 May 2018 | 3 replies
Is this true for all counties or does it vary by county/ city like Baltimore / Annapolis or Montgomery / PG County , and come down to local jurisdiction?
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26 January 2019 | 25 replies
If you plan on purchasing or flipping other properties chances are the best company, based on price and coverage will vary on the properties.
22 October 2017 | 5 replies
Given that your rent income is $1675/mo, and using a 75% figure for what the bank will give you (this varies), I get $1256.25.