Connor Hedley
Why are"Repairs and Maintenance" expenses calc. as a % of income?
In the Bigger Pockets calculator, "Repairs and Maintenance" are represented as a % of gross monthly income. The suggested range is 5-15% of monthly income. My question: Shouldn't "Repairs and Maintenance" be calculate...
Justin Glotzbach
Rental property reserves strategy
Wondering about a couple different strategies for handling repairs, capex, and vacancy. From what I've read and heard from BiggerPockets, it's a good idea to set aside a certain percentage of the rent each month to co...
Jeff Petsche
Variable Landlord-Paid Expenses. What are the typical % used?
When factoring the variable landlord-paid expenses, what percentages of GSI are "typically" used (rule of thumb) for the following:Vacancy (I've been told conservative is 10% and if deal still works at 10% then you sh...
Hemang S.
Reasonable percents for repairs, vacancy, and cap-ex
Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
Mike Bass
Partner Split percentage?
I have an opportunity to partner with someone I trust, who is dependable, does really good work, and has all the skills that I do not. He's been a contractor / superintendent for 15 years and has the skill set to do ...
Bryan Caldwell
Review my analysis report
I'm working on my deal analysis as I'm very new to real estate and BP pro. I'm wondering if any of you who are familiar with these calculator reports would look over my work and help me understand where I'm off and ho...
Shawn McCarty
PLEASE HELP!!! Newbie In Baltimore - How to Attract Investors - FLIPPING
Hello,
I am completely new to RE Investing... but have a strong analytical background (I am an accountant). I am meeting with a group of potential investors (I have some great single family deals in Pasadena,...
Gary Dezoysa
How is the realtor fee, and other closing costs, adjusted on very cheap homes?
Hi, I'm trying to figure out what to expect in terms of closing costs as a percentage of purchase price for cash purchases on homes priced under $30,000.I know I'll save on credit report fees, loan origination, and ti...
Gil Amos
BRRRR Calculator Question
What factors are used to calculate the cashflow when using the BRRRR calculator? Is it just ARV, Refinance percentage, and rent?
Derrick Coppin
House Flipping Calculator
Hello biggerPockets! I have a question about the House Flipping Calculator. 1. what percentage is normally the Purchase Closing Costs?2. what percentage is normally the Selling Closing Costs Closing Costs?