Hello all! I'm in need of an experienced Real Estate Attorney familiar with Georgia law, preferably located in the Atlanta area. Can any of you suggest someone that you use or have used and had a good experience? Tha...
From what I've read most people set aside a percentage of monthly rent for repairs, vacancies, capex, etc... Instead of taking a small percentage every month for these things, I'm leaning towards putting everything t...
What do you budget for maintenance dollar wise? I'm not talking about CapEx, but minor repairs (wear and tear, light bulbs, door not shutting, etc).I've been doing $1,000/yr but that may be really high for B-class SFH...
Has anyone had any experience doing a short sale on a GinnyMae loan? Specifically I'm working with Chase on this one and would like to know if there is a certain percentage of the BPO that they will accept i.e. 88% o...
I have the federal taxes understood on this, but what about South Carolina tax? If we live in the home while fixing it up and sell, what percentage would we have to pay to SC for short term capital gain? And if we don...
What are some good rules of thumb to use when accounting for vacancies? Is there a conservative percentage to account for? Does it vary strictly on cash flow? Any advice would be appreciated.
Hello Bigger Pockets members,When analyzing a deal through the BP calculator how do I know how much money to factor into the closing costs? Is it a certain percentage of the value of the home? What would be a safe ru...
Hi,Im starting my REI ventures and im would like start networking with active investors who can mentor me in wholesale, assigments and lease optionsMy question is what is the typical fee or percentage breakdown for th...
Dear Bigger Pockets Community,
I am moving overseas soon and looking to share a percentage % (maybe 10-25%) of the profits from rental income as way to create vested ownership in properties with the incentive for th...
Hello All, I have a 6 unit apartment that is worth between $150-170k. The replacement cost was calculated at $600,000. Should I insure at replacement cost or around actual value? Do I hedge by using depreciable ...