I am in the process of building my excel calculator(s) for rental properties. I want to factor future assumptions for forecasting purposes, such as income and expense increases. Are there any standard rule of thumbs? ...
Hi Chicago folks. we have a 3-flat and we are looking at gutting the building to make the apartments individually metered for water and gas. Because our water bill is water, sewer, and trash, I'm wondering how this bi...
Hi All! I apologize for the long post in advance :)Anyways, it's been awhile since I've visited BP but over the past couple of years I've been looking into buying rental properties for passive income (but too "scared"...
I analyzed and offered on a duplex today.I noticed in the MLS summary that it has a common water meter for the property. I did some reading on BP and it seems it is rather common for the landlord to pay the water bil...
I’m focusing on how to lessen the likelihood that I get a bad tenant . What tips and tricks. Dos & donts have helped you screen tenant. Especially as an outta state investor
Hi Everyone, wanted to see if anyone can provide me with a little bit of information that isn't clear to me. With Hard-money loans there are a number of different types you can apply for with Hard Money Lenders. I was...
Hi BP community,
I’m an out-of-state investor currently looking at a specific property in Kansas City, MO, in the Eastwood Hills East and Coachlight Square area (northwest of Raytown). The numbers seem promising on p...
Hi All! Looking for my first rental property investment, which will also be my first home purchase. Should I factor having to pay some of the closing costs as a buyer or does the seller always pay? Or a case by case b...
I recently visited a 10 unit multi-family property with a broker and liked the property. In most circumstances, I request the rent roll and last 2years of financials, so I can run an analysis on the current actuals, t...
Adapted from twitter thread📗📗📗Real Estate Investor Financing 101 Series: Cash-Out RefinanceCash-Out refinances are a valuable and oft-used tool by real estate investors to build wealth - but important to understand fr...