Petra M.
When to replace appliances: Proactive or reactive?
Whats your position? Replace things before they break (proactive) or don't fix what's not broken (reactive)? Also, when do you know if something is nearing end of life? What's your average life span for the following:...
Carly M.
Potential first deal foundation issue / out of state
My husband and I are first time investors, we have a friend in Kansas City who is in the real estate game and says it's a great cash flow area. We flew out there last week and found a duplex in a decent area (edge of ...
Connor Hedley
Why are"Repairs and Maintenance" expenses calc. as a % of income?
In the Bigger Pockets calculator, "Repairs and Maintenance" are represented as a % of gross monthly income. The suggested range is 5-15% of monthly income. My question: Shouldn't "Repairs and Maintenance" be calculate...
Jason Malabute
how much is your property is worth?
If you are wondering how much your property is worth today, you will need to know the net operating income and cap rate.
A local broker will be your best resource for the cap rate. Net operating income equals gross...
Reuben Stewart
Investing in the midwest (Northern Indiana)
I wish someone would have told me about the snow...LOL
In Nov of 2013 i was blessed to have purchased my first out-of-state properties. (2 houses, in Merrillville Indiana..Im from CA by the way. I know thes...
Upgrade Costello
Renting out a college property in February
I just finished renovation on a 6 bedroom house near Ohio State University campus. It's ready to be rented out, and I have the rent price listed at $2495 (slightly below average rental price in the neighborhood) but ...
Kelly S.
Excessive Repairs for damage caused by tenant
Hi BP community!We have been landlords for many years, with multiple properties. We haven't had this issue before and we aren't sure how to handle it. Any advice would be helpful and appreciated!We have new tenant who...
Sam Josh
Why are people talking about a crash?
I see several posts where folks are :1) Trying to predict the crash using causality of metrics like lower unemployment and low interest rates2) Trying to preserve cash for the next crash, so they can buyI want to hone...
Andrew Lee
LA/OC Repair Cost Estimate Worksheet
New investor here. Currently in the education/analysis stage. Does anyone in the Los Angeles/Orange County area have a worksheet they use to estimate the cost of repairs prior to purchasing a flip? If not a worksheet...
Roger Lin
Landlord woes
Hi Landlords of America,I have several residential and one commercial condo, all rental properties. I am about to purchase my first small 4 unit. This means I will soon have more than 10 units that my brother and I ma...