Season Price
Bringing on a dedicated caller to take a little off my "plate"
3 March 2024 | 4 replies
Do any of you have any recommendations for a GOOD company that offers calling services, or a VA company I can hire from with minimal training needed while I am building training strategy for an in-house hire?
Alecia Loveless
To ADU or not to ADU
3 March 2024 | 3 replies
I am refinancing a property to free up money for additional investments.
Corinne Faivre
Hold or sell?
4 March 2024 | 6 replies
You won't really get much service from a realtor except exposure of your property2.
Jonathan Sher
St. Louis, MO
5 March 2024 | 199 replies
@Frankie Woods Thanks for the reply and for your service to our country!
Marc Von Osinski
Want to add DADU on my property for first rental-advice needed
3 March 2024 | 0 replies
(I could probably get this increased but I'd have to get primary residence Sq ft re-evaluated since the basement is finished and heated but of course thay would increase my property taxes.)Thinking about refinancing primary residence and taking money out to do the additional building.
Alana Reynolds
House Hacking to the max
4 March 2024 | 10 replies
If you did that, does that additional house have to be a single family?
Trent Brodbeck
New Member to BiggerPockets
4 March 2024 | 22 replies
Additionally, I say go to meetups and free webinars, trainings, events etc.
Tobi Isaacs
How do I analyze 2 properties on 1 being sold for 1 price?
3 March 2024 | 2 replies
Consider factors like square footage, number of bedrooms and bathrooms, and any unique features or amenities that may impact these costs.Overall, while calculating rental income for two houses being sold together may require some additional considerations, breaking down the costs and revenue for each house individually can help you make more informed decisions and projections.
Jacqueline Bruen
Mortgage for an LLC?
4 March 2024 | 17 replies
DSCR stands for Debt service coverage ratio.
Justin Goodin
Full Breakdown: Operating Expenses
3 March 2024 | 2 replies
These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance.