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Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
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I’m interested in a multi family that’s FSBO. This would just be my second property and this seems daunting. It’s a cash only purchase of ~$80k that on paper would be a 12% Cap if their numbers are accurate/truthful.W...
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Hey all, need some people to give me their experience and advice on this/these scenarios:We are looking to do more deals in the future and currently have a 26 unit apartment building in our portfolio. Building is 100...
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Hello BP,I'm asking this question on behalf of a family member. Family member + friends have signed a one year lease for a new construction home starting November 1. They received a notice yesterday that the house h...
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Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
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I am from the San Francisco bay area, where prices make buy-and-hold investing very challenging. I am interested in investing out of state, in locations where it is more practical to find stuff that can become cash f...
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I'm still new to the real estate investing game and in my studies I have recently come across cap rates. While I understand the basic idea of a cap rate and how it is calculated, I'm a little confused on how to read t...
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Hi all,My hubby and I are house flippers in Butler county, PA. I have considered getting my real estate license in the past, and even began the process at one time, but my program timeline expired. I'm considering res...
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My husband and I found a deal that looks like this - 500,000 for two houses on the same lot. One is a small 3 bed 2 bath that has a tenant in place paying 1100. The other is a 10,000 square foot house with 4 kitchens ...
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I wanted to share something I created, and would also like to get feedback. Like many people do, I invest in several geographical markets, but wanted a way to visualize the expense breakdown of exactly where my money ...