Winston Spence
Question About Income Property Expenses?
Hey BP,
I have a few questions about expenses on income property. I am interested in using a FHA on a duplex and wondering what expenses do I have to pay? Can I pass off the eletrical and water bill to the te...
J Adams
Where to find operating costs? [San Diego, CA]
I am all read up on how to calculate a deal, but what I cannot nail down is where to find operating cost numbers. I tried to called SDG&E, my local gas and electric company, to see if they have a map on the varyin...
Tina Opel
First Investment Property Analysis and Advice
I am looking into purchasing my first property ever and I want to make sure that I'm doing all of the math right before I decide to make an offer. It's a 4-unit property (3 residential and 1 commercial) and the asking...
David Nacco
Mobile Home Park Investors, Where do I Start?!
Hey everyone, I found a mobile home “park” for sale (say that because it’s very small for a MHP, 7 acres) and the price seems too good to be true. Where do I even start in analyzing a MHP? What questions do I need to ...
Fred Sonoma
3 mo. after returning security, realized utility bill was unpaid
Idiot mistake... 3 months after returning security deposit to tenants I get a call from PSEG that there is an unpaid bill greater than $1.5k at the house... What can I do? Can I send this to collections? Will I have t...
Cody Dover
Underwriting 16 units (four 4plex's)
I'm underwriting a deal right now, trying to determine a generic rule of thumb people use for expenses. The deal includes: - Four 4-plex's totaling 16 units- 100% occupied (although I like running my numbers at 89%)- ...
Henri Meli
How I added over $750,000 in value in 18 months of ownership
We are approaching the Thanksgiving season and I thought I start off a little early with a progress of ownership and a big thanks to the whole biggerpockets.com family. @Joel Owens in particular. I made my first real...
Jordan Forbes
Questions about this deal I want to get under contract
If I wanted to get a house under contract it was listed at 110k needs 60k or more RC And fully updated would sell for maybe 170k low 200 how much would the profit be for the real estate investor and how much would be ...
Pat Lintz
Florida Land Trusts
Hi, I'm new to real estate law but I think I have a pretty good idea of how Florida Land Trusts work. I just have a few things that I need to clear up and was hoping I could get some help with that here.1. I understan...
Eric Davis
First Deal?
Asking Price: 50,000
Taxes(annual): 220
Insurance(annual): 450
Monthly Rents: 600
We have considered offering all cash.
If we take a loan, we are looking at around 200/month.
I already have 4 people interested in re...