Yasmani Delgado
Whats is your take on the 50% rule when analyzing a property?
I see how this rule can be useful, but I think it can't be a deal breaker. One can make the argument that It is too conservative. It may only apply to home run investments. However, it may turn people off to nice i...
Joshua Post
New to REI. Nervous, should I get training?
Hi, friends!
I'm brand new to the world of REI (and to this forum), and just wanted to connect with other like-minded individuals, and hopefully get your advice. I don't yet have any experience, but I'm feverishly tr...
Tracey B.
Operating expenses for 80 door multi-family
I'm doing some due diligence on a multi-family, and the proforma expenses are running at 71%. :wowie: I'm pretty sure the expenses are overstated, and I have my own ideas about where they're too high, but I'd appreci...
Tony Ferrero
Lose $3,000 or is there an option?
I'd really like to seek the guidance of some more veteran BP'ers on a situation my wife and I are in.Last year, we moved into a home under a purchase and sale agreement with a significant down payment/earnest money th...
Marshall Rousseau
Didn't include no-pet clause In the lease - could be problematic
This has not yet developed into an issue, but I feel like I may have screwed myself over. The tenant knows that she is not allowed own any pets on the property because it was made clear in person and when the unit was...
Miles Atkins
How much do you guys spend on kitchen renovations?
New to house flipping and just wanted to ask what you guys will spend on kitchen renovations. How much do you guys spend on cabinets, flooring, new islands, etc?
Bob B.
Possible sale of SFH Rental Portfolio options 1031-DST-721 Pay the Tax
Hi,I have read a lot of the posts and I will throw out my scenario and share with you were I am getting into analysis paralysis and see if someone provides some thoughts, ideas, feedback that might help me break the c...
Account Closed
What part of rental income do lenders consider?
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
Matt Lennander
Help! Potential Redevelopment/Rehab Opportunity in Minnesota.
Hey All,So I was out for a run the other day when I passed a house FSBO that I've passed probably more then a dozen times but finally decided to call. It's an estate sale, and the seller was very short with me on the ...
Kristopher Sharpe
Newbie - Please Help Me Analyze This Property
Hello BP,I found an off market deal and I wanted to see your opinion on my analysis and whether or not I should move forward with this deal for a house hack. The property is a duplex each side being 1160 sqft 3 bed 2 ...