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Well I have been reading and learning a ton over the past few months, looking at properties in the KC market and finally found one to make an offer on. The purchase price was at $67k and after running the numbers fit ...
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What's up BP fam!I am looking to move and buy my first house-hack soon in Columbus, OH (and rent out a room or two). When going through some numbers on many properties, I always have a high negative CoC return and neg...
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Each time I analyze a property in the Rental Property Calculator here on BiggerPockets, I always assume 10% across the board for expenses like Repairs/Cap-Ex/Vacancy/Management regardless of the shape the property is ...
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I realize the 50% rule is supposed to be a "rule of thumb" that helps you weed out potential properties before more fully analyzing properties that pass it. My question is, when is the 50% rule fail?For example, if I...
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I have been doing a lot of research on what are key numbers to value an income property and determine whether its worthwhile. I have posted recently about this property I am in the process of purchasing and compared t...
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Hi everyone! Was wondering if the rent estimate Zillow puts at the bottom of the sale listing is reliable/realistic vs Rentometer? I notice that Rentometer's average and/or median is higher most of the time compared...
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Fellow Investors - Newbie asking advice . Owner needs 17k to stop foreclosure / ARV 120k / min 50k rehab / owner will sign lease for 2 years $1100 per month.Can this be presented to a money lender? I ran the numbers ...
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I am looking at purchasing my first rental property. I am attempting to make the numbers work. I removed property management as it is relatively close to home and I'm thinking I can get the tenants to do the lawn care...
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HI All,I just closed on my first deal about 4 days ago and I thought I would share the info with you and ask for your input on the deal. The house I bought is a Duplex in Raleigh which I will be owner occupying in on...
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I'm considering refinancing my current VA loan, which has a 5.6% interest rate and a monthly payment of $3,200, into a conventional loan. I currently rent out my property for $4,100, giving me a cash flow of $900 per ...