Hello,My name is Drew and I'm interested in BiggerPockets and have listened to couple webinars and a hand full of podcasts. Im really interested in investing in the Dayton, Ohio area specifically the 45403 area. I've ...
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Hello all,We just purchased our first duplex in Parma, Ohio that is now fully rented.Thanks to @Jad Boudiab for acting as my realtor. He is professional and prompt. Thanks also to @Neal Mahoney as he is a highly re...
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I searched for this, but did find any post, that listed specifically percentage breakdowns of the 50 percent rule. I know this is just an estimate, based on some research, that operating expenses for rental property t...
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Hi, When using the calculator for a quick analysis, should I ignore the 50% rule when I put in "10%" for CapEx and repairs? It should be one or the other, but not both calculations, correct? THANKS!
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Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
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I am interested in hearing what others are are able to realize for Net Income as a % of your gross revenue on rental properties. This would be net of all mgmt fees, repairs, taxes, insurance, etc. I just analyzed the ...
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Hi, I am looking at properties in Memphis, TN and/or Middletown OH (based on recommendations of reputable Turnkey operators: MidSouthHomeBuyers and Missy McCall.My first question: are both operators as reputable as I...
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So my wife and I are in a contract to purchase a 2-flat and we'll be living in one unit while renting the other one. I know that expenses for upgrades and repairs can be written off, but I found it hard to figure out ...
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I've got a deal that I think is a good one, but am a little uncertain about some of the numbers:Here is the deal:Duplex with $750/mo rentPurchase Price $28000Down Pmt $18000Owner finance $10000 at 0% for 5 yearsClosin...