Hey BP peeps -
I own a 3-flat in Chicago. Live in one apartment, rent out the other two. I've had a lot of work done to this 100 year old building during the 7 years that I've owned it including work to fix gas rel...
I see the term Expense Ratio tossed around a lot on the forums. This was not a number I have been using in my analyses so I wanted to gain some clarity on exactly what is included in this number. For instance, I bel...
Looking for thoughts on offer price, I have an idea, but want to see what others think.12 units apartment complexasking price $1,000,000Gross rents $100,000Total of all expenses $35,000NOI $65,000down payment 25%Finan...
I have a tenant who is deducting $25 from the full rent of $2000 per month. They have done this two month now. So they owe $50 total. BackstoryI gave them credit for utility bills because the unit they were in, used ...
The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...
Hi everyone, I'm in the process of purchasing my first property. I'm planning to house hack and getting a big (2500+ sqft) 5br/3bt house. I'll live in one room and rent out 4 other.My house is a single family, in Katy...
Question #1: Is the lender using Air DNA projections?
For scenarios in which there are no historical STR bookings, certain lenders can give credit to the property’s rental income
potential through utilizing and unde...
Hello BP,
Blind shot in the dark but has anyone in Vancouver, WA. / Clark County gone through permit process for an ADU (auxiliary dwelling unit)? If so, are you renting the ADU? Thank you for your time.
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Duplex for 110k w/ both units rented for a total of $1500/mo. or 2 SFH's for 55k each rented at $750/mo. ?Pro's / Con's ?
I am trying to search out good deals in the New Britain area and wanted to discuss some good conservative numbers to use for the BP calculator.Even if you don't use the calculator on BP, you will need to know the numb...