Assuming I'm paying my LP's monthly, the gross income is $30,000 per month, CapEx of $20,000 came out of the operating reserves which LP's funded. Other expenses including insurance, repairs & Maintenance costed $...
I'm looking to buy my first real estate property. I received a Fees Worksheet from my broker. I want to do my due diligence regarding the fees on the fee worksheet.Do this fees look legit to you?:Pay To: Broker- Under...
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Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...
Lately, I've been thinking a lot about risk as the economy keeps on rolling. My biggest fear as an investor (and father of 3), is that I'll overextend myself and end up in the same position that a lot of people were ...
Hello to all..How do you or should you incorporate reserve funds into the APOD when figuring out what a property is worth? Since technically it is not an expense (at least I believe not) but a capital investment that...
Has anyone tried any of the online rent payment tools listed on this page: https://www.biggerpockets.com/rei/pay-rent-online-...What do you recommend in terms of low cost and security? Some people recommend Venmo.Goog...
Hi everyone,
Do you have any recommended snow removal companies?And is one inch or two inches a good trigger?Also, what would be a reasonable cost to expect for plowing a two and a half car parking pad reachable thr...
I remember hearing stories from my finance professors about how when interest rates were high in 70s the banks would offer mortgage borrowers a chance to payoff their loan at a discount to the principal balance. Pre...
I am looking to start the search next year for my first multi-family property, and wanted to look at cashflow statements of those already running performing multi-family properties.
What am I missing for fixed expens...