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I'm considering a property that is built with painted cinderblock. It was built in the 50-ies and there is little insulation (I doubt the blocks are filled with foam, etc). Some of the interior is drywalled but...
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Hello!I am looking at buying a house, and it is on the expensive side when I ran the numbers. Right now it is $300,000, 2 beds and 1 bath in Orem Utah. It is a little old, and some new floors and a window or two will ...
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I am looking into a property that I found in Columbus. I am trying to determine what the approximate average expense per unit per year for a class C type property would be and compare it to what the seller is telling ...
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Why do you account for expenses so high. Like with the 50% rule. 50% of rent will be spent on expenses. For instance, if I know every thing has at least 3 years left on its life and I handle property management and ev...
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Hi everyone,Quick question. I have a duplex with one furnace and one water heater. I don't charge my tenants for heat or water and during the winter months it really starts to add up. Do you pay for gas and water at y...
I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...
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Hey Everybody! I'm stuck in a situation and I wanted to get you guys' advice.My girlfriend and I would love to get started house hacking with a duplex. The issue is that when we run our numbers as if the other unit i...
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I've been doing real estate math all day and it got me thinking. What was the most you had to put into a flip/rehab to make it market ready?
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Could anyone provide opinions or even direction/link on previous discussions within BP (I attempted to search already) on startup expenses to expect outside the obvious property related purchase/maintenance i.e. legal...
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I am a new investor in the North Carolina Triad area. I am currently looking at properties in the Burlington area but would be open to hearing about other areas in the Triad. Because of my new start to the investing c...