Travis Feldewerd
First Fix and Flip
3 March 2024 | 2 replies
I’d also like to know what type of timeline were you planning to achieve the completion of the deal by?
Erick Ayapana
Background Checks for MTR - yay or nay?
3 March 2024 | 12 replies
I'm planning to post the ADU in Airbnb, FF, and Zillow.
Travis Kumar
Foreclosure + Short Sale, Opportunity or Risk?
29 February 2024 | 6 replies
I have a property under contract, that my GF and I are planning to house hack then rent out entirely after a year or 2.
Trevor Riley
Deal Finding - what makes it so hard?
4 March 2024 | 15 replies
What is the most difficult step along the journey from "I've got capital, a strategy and a plan" to "I found the perfect deal"?
Erika Caba
When is time to give up on a multi unit property?
4 March 2024 | 11 replies
I go into a multifamily assuming it won't be cash flow heavy for 6-12 months until you finalize your business plan and get it stabalized.
Andy R.
Real estate CPA
3 March 2024 | 8 replies
There are over 20+ enlisted CPAs here in Biggerpockets assisting Real Estate investors with their tax planning and accounting.
Micah Cook
The "good problem" of not knowing what to do with portfolio equity
3 March 2024 | 1 reply
I've been trying to strategize and plan ahead regarding my investments and managing my portfolio.
Justin Goodin
33 units in Indy
3 March 2024 | 1 reply
We purchased this directly from the seller at an incredible basis and look forward to executing our business plan in the coming years.
Michael Sassone
Information Overload - STRs vs Fix n Flip
3 March 2024 | 2 replies
It was our plan to flip, flip, flip…use cash to buy a keeper.
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.