Chris Sukala
What type of profit margin on rental homes
New to the BP family. My question is what should a typical profit be after all taxes, Any payments, maintenance and or any utilities one may pay.
I was told around 7-8% not sure if there is a standard rule people go...
Todd Bullinger
Serving a pay or quit
After looking through several topics, I'm not sure I was able to answer my question. I'm in the process of serving a pay or quit notice today. My understanding is that in Ohio, there is certain language that must be...
Ty Kelley
FIRST REAL ESTATE INVESTMENT - FIRST FLIP
Investment Info:
Single-family residence fix & flip investment in Covington.
Purchase price: $88,000
Cash invested: $46,000
Sale price: $179,500
This was the first flip for me and my wif...
Alexander Knowles
Laramie Live 'n' Flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $195,000
Cash invested: $20,000
Sale price: $282,500
Live 'n' Flip: Purchased as a primary residence with 10% d...
Sylvia B.
Missed Opportunities
I found this in my inbox today, and thought I'd share:MISSED OPPORTUNITIES The story is told of a young man who wished to marry the farmer's beautiful daughter. He went to the farmer to ask his permission. The farm...
Jenny Ou
REHAB COST for different types of work:
Hello BiggerPockets Friends!
I'm currently looking at a few potential single-family fixer-uppers (some in Worcester, Taunton, and near Dorchester), and I could really use some expert advice on current rehab costs for...
Account Closed
What's a distressed property?
I've been driving around in my local neighborhood, up and down, side to side, on every street. There are some properties that I know for sure are distressed. What I look for is stuff like garbage bag windows, boarde...
JD Martin
Looking to you good STR'ers to give me a STR crash course lesson!
Good afternoon all!Most of you might not recognize me because I don't hang out in this section much because, well, I've never had a short-term rental. My main area of experience is in long term buy & hold. So I'm ...
Shawn H.
Rental property cash flow
I have owned 2 duplexes for 4 years. I thought I had done my research...read guru type books. I didn't come across sites like this until a couple years ago. Neither property meets the 2% rule. They have positive cash ...
Dave Kush
Wifi door lock recommendations
I'm interested your recommendations for a wifi door lock. Is there a certain one you really like for STRs, and what do you like about it? Thank you!!