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Hey all, my wife and I have been looking to get into a multi family and house hack closer to work. I don’t know if its because we live in an EXPENSIVE area or because we’re trying to FHA a multi so the monthly debt se...
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Hello BP,I am looking for my second property (SFH buy and hold) and would like a reality check on my set asides when evaluating deals. I'm not asking how much cash I should have on hand in reserves - we have plenty of...
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I'm wanting to get started in real estate investing and I want to know how much I should plan to set aside each month for taxes. Is there a best way to calculate how much the taxes will be on rental income? I am looki...
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I’m in the process of putting an offer in on my first investment property .And trying to factor in all the monthly normal expenses for a rental. I was putting in 15% for vacancy on a month bases. Is that too much ? To...
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I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
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Hey BP, relatively new to the website. My wife and I currently have one SFH that we are renting (it used to be our primary residence, but I moved for work). We are both 24 and are wanting to put money aside to buy mor...
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How much do you leave set aside for your property for expense or capitals. At what amount or percentage do you stop saving expense and capital funds, if ever? What is your plan for emergencies? if you have a couple pr...
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i know some investors probablyevery month calculate how much tax they will owe on april 15.anyone have good rule of thumb? like 25% of gross rent?
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Hi everyone,What amount do you set aside towards your reserves fund for your properties? For example:X% of gross cash flowX months of operating expenses$X per square feetFor me, I was debating 6 months of operating ex...
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Hey BP Community!My partner paid all cash for the buy-and-hold we are working. Without getting too far into details, he's providing capitol and I'm managing the deal and tenants. I have been estimating putting 5% towa...