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Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Financing Options for a Remodel
The very first step of a remodel is to decide how much money you’re willing and able to invest in it. A good rule of thumb is to spend no more than 10 to 15 percent of your home’s va...
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Can someone walk me step by step to creating a llc and then selling the llc for a wholesale deal?
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Have had this duplex for less then one year. Paid 220k with a current cash flow of around 10%. The surrounding properties are all 4-units (most of them are two separate du-plex on the same property if you notice the p...
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Hey hey...I have been looking at multiple rental property cost analysis tools (because I'm an enginerd). I have noticed most tools include a large majority of the same numbers (MV, taxes, rent, etc) but when it comes ...
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Hi Bigger Pockets community!
My first post here since signing up. :-)
I am in the middle of purchasing equity in a business that I am active in. We recently closed on our primary residence in April. This is our 4th ...
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Hello everyone! Have a question and ill keep it as short and simple as possible. I have just purchased my first rental property (quad) 100% with money from my HELOC (primary home which is paid off). So my now owned qu...
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Hi,I bought an investment property in July 2019 (all cash purchase). Took me some time to remodel it. Had to fix everything. Spent $12.5K on roof (did through a roof company) and then around $55K on everything else (w...
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I wrote a blog recently about how Appreciation has historically compared by region and then zoomed into my market in Santa Cruz County. The results were quite fascinating. A 7.98% Compound Annual Growth Rate since 201...
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Hey everyone!I'd like to bring a concern that I guess gets attention of many of you out here:With the current market uncertanty, lenders are avoiding risks and tightening the terms(higher DCSR requirements, lower LTC'...