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Hello everyone!It's a wild and wooly 2015 so far! There are currently 6 apartment complexes available in my market area, 2 of which are in D or worse areas, 2 are represented by REALTORS specializing in residential tr...
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Deal or Dud? I've been working on my analyzation skills when it comes to finding deals and seeing if the math makes sense after looking at the numbers for Buy and Hold properties. I found a property in Petersburg,...
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Hello! I am new here to the BP forum and website. Have been listening and reading all their stuff for a while. Thinking about getting into the mid term rental market. I have a long term rental right now. I need so...
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What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...
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When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
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I'm not sure I understand how to do this and I think it's an important idea for us rooks to understand, as property taxes differ significantly from place to place (especially where I am).
The area I've been studying ...
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I am the president of a HOA in a 6-unit condo building looking for a solution. Louisville MSD just increased rates 7% again and this year we are averaging $700/month between water+sewer bill which has basically bankru...
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Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...
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I’m trying to get at least $40k net profit from a single flip in Michigan?I have 200k to invest.Am I being greedy? What amount of return would you expect if you had $200k in cash to use for flips?My realtor said for a...
What does it take to truly find success in real estate -- especially when you make an average salary and live in an expensive city? That’s the topic of today’s show, where we sit down with David Greene, a full-time po...