Jim Watkins
How to figure Percentages and Cents on the Dollar
This may seem elementary to a lot here but I continue to see my students writing frantically to get it down so, I thought I'd post it.
[size=18][/size]When you first look at a potential deal, how ...
Ben C.
ROI calculation help needed
Hello,
I have a question about calculating ROI for a flip.
Can you please let me know how closing costs factor into this calculation?
What is the calculation you use to analyze the deals ROI?
How does the calculat...
Matt Payne
STR Projection Question
Here is a scenario and questioning how I may project nightly rate and occupancy:I'm going to round up numbers to make it easy.House for sale that is 3/2 and is essentially identical to a local (1 mile away) high perfo...
Sparkle Carlock
How can I bridge the gap?
Hi BP Family! I am fairly new to REI still. Have been on the browse for the right deal for me to dive into my first flip. I have gotten pre-approval on HML already, good credit score, and found a wonderful potential d...
Stefan D.
Pittsburgh - Estimating Rental Property Repairs
How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area? Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low fo...
Ryan Ahlgrim
Housekeeper & Lawn Care
Thinking about renting out the home I'm currently living in after we move in a few months. As part of the rent price I'd like to include a cost for a housekeeper and landscaping crew. The housekeeper would come eve...
Bryce Till
Would you consider this flip?
Last week I placed an offer on my first fix-in-flip on a condo. I would like to get everyone's opinion on this deal and whether they would be interested. This will be my first flip. I would appreciate any guidance...
Larry T.
carpet or linoleum?
Hey everyone,
what do you use in your rentals? Carpet which would need to be replaced each time? Or linoleum or pergo which would sustain several renters?
Thanks!
Joshua M.
Does the 50% rule apply for short term renting?
I am thinking of renting my current primary residence. I dont plan to hold it longer than 2 years so I am wondering if the 50% rule would apply?
Timothy Howdeshell
House hack / live in flip. My 1st deal in review.
Hi BiggerPockets!I've always loved reading success stories in business and especially real estate. I'm happy to have my own success story to share finally! I got interested in REI after reading Rich Dad, Poor Dad (jus...