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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
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I am a member of Lifestyles Unlimited and they don't recommend these for purchase. Can anyone explain to me better why they aren't a great deal to get started? Financing is great if you can live in one and seems it...
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Last night, I worried about my rental and soon to be rental as I was going to sleep. They are older houses. Both are in good condition, but both still have original plumbing and electric. No ground wire, galvanized fr...
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Hi All,
I have received a lot of help over the years from the BP community on buying/investing and now im looking for advice on selling. I am looking to offload one of my properties a 2 family duplex in Greenville, ...
I have a young couple that has been in my home since last December, every quarter I do an inspection on the home to make sure everything is working etc. The first two inspections went well and the home was very clean....
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So I have mainly stayed in SFR arena but wanting to expand my knowledge base. Looking for a rundown on what factors you're running on your deals when analyzing them. Such as maintenance, utilities... Just some things ...
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Hi, BPersI recently closed on a fourplex in a C- area. All my previous rentals are SFH or condos and this is the first time for me to own/manage small MF. After the closing, I sent emails to tenants setting up new way...
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I'm working on a new investment property. It has a standard 1600 SF 3/2 LTR but it has a 600 SF ADU 1/1 studio that I want to use as an STR.
Looking for advice since this will be my first STR.
1. What are the bes...
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Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...