Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
MA is becoming more and more strict on sprinklers. Now all townhouses, and new construction 4+ units require sprinklers. Any modifications or improvements costing over 50% of the building assessed value triggers sprin...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Hi all,I'm looking to house hack my first property in Philadelphia. What are some of the main differences with landlording in Philly vs outside of Philly in PA? I know transfer taxes are higher and there may be some s...
I've been buying SFHs for a few years now and as the market rises am looking at other alternatives. I've been buying my rentals close to the 2% rule. In most cases, I have $50k in for $1,000 rent or $60k for $1,2...
Hey BP team,
I own a 6 unit building in Rumford Maine and am looking to sell it. I am pricing the build based on cash flow and what I need to start my other venture.Numbers are:Sale Price: $450,000
Income: $77,832 ...
Hi, I was wondering whether anyone has had any success finding properties yielding the 1% rule in Southern Ontario? Toronto is out of the question and I have had difficulty finding places even in Kingston, Ontario. In...
HI BiggerPockets,
I'd like to ask for some general wisdom from the group. My wife and I are looking to identify a wise use of about 3.5 acres of land. We are early 30's, no kids, living in WA State (Spokane area). He...
I am currently in the process of analyzing deals for my first investment property. As of right now, I think my niche is within the Multifamily investments. I am able to find a ton of cash flow positive properties that...
I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.
I understand that the 50% rule is a very good conservative way to evalua...