First time poster and first time real estate investor. Thank you all so much for all of the information. It is a bit overwhelming but I am working through it!In October 2019 we moved into our first home. Bought for $4...
So quite a bit of time has passed since I last posted one of these but I wanted to get back into the habit of composing a quick forum post on each flip since I’ve gone from flipping part-time to full-time. Since our v...
Hey there,
I just finished reading a book in which the author laid out his average buying, holding, and selling costs for his rehab/flips. He says, on average, his expenses over the years have looked like this:
Buyin...
Fellow BP Investors,I'm trying lock down accurate numbers on the buy / selling transaction costs associated on a flip. I would love some advice / knowledge on the following costs:BuyingEscrow = Attorney = Title Insur...
Hello BiggerPockets community. I was wondering if anybody would be able to break down all of the expenses that come with buying a property.
As of now, the only expenditure I know will be the down payment lol. Any...
Curious if anyone adds their initial holding costs on buy and holds into their closing costs. I’m accounting 8% to vacancy each month, but it seems completing a rehab the first month or two after closing, additional h...
Good afternoon, I’m currently looking at multiple rental properties with a lot of them having tenants in place. The issue I’m having is the properties range from mid $20 to mid $40,000 range and most investment type ...
Hi guys,
So i would like to know what expenses does a buy and hold property has to the penny?
How to calculate closing costs?
What amount is the insurance?
What amount do u save after all costs paid for saving fo...
Can someone help me out by listing/summarizing all the costs associated to buying a piece of property? This question is more around the legal framework and paperwork needed to acquire a property.
For example, someone...
So, having never been a homeowner before, I'm wondering aside from the down payment, what are the other costs accrued in the home buying process? I believe I read somewhere that you should usually have at least a gran...