Recently, I have been doing calculations to help myself decide what a good deal would be on a few different homes. While calculating total return on investment I noticed my calculation of total equity accrued in one y...
Wondering if there were any mentors who could examine my numbers on a rental house that I own.I own it outright. Zero liens.Rent: $1553 per month autodeposited Taxes: $8200 per yearManagement: 10%Expenses: $3600 (wate...
In the Ultimate Beginner’s Guide, they talk about the 50% rule. Half of all expenses come from mortgage and you should budget the same amount for repairs, maintenance, taxes, etc. I have not bought my first property y...
Hey, I'm incredibly new to real estate investing (as of this past summer) and I'm starting out in though not limited to Oxford, MS.I am a subscriber to the BiggerPockets Real Estate Podcast and the BiggerPockets Busin...
April has been awesome for us in Arizona. This month we:Purchased 1 flipPurchased 3 buy and holds for lease optionsFilled one lease optionClosed on one flipand just got under contract today for 1 more flip in Mesa, A...
How many of you track your net worth as RE investors. If so, please share with the BP community your approach and what you include under assets and liabilities.
Hello BP Family,How do you all determine numbers for a commercial mortgage when estimating if a property if worth purchasing? Below are numbers I have (50% rule), the main concern is how to get accurate estimates (tha...
I have the opportunity to purchase a foreclosed home in a VERY nice neighborhood. However, the asking price is 500k plus and the house has a horrible floor plan so I am thinking I will need an architect. Anyway, I am ...
Hello BP ,I am Rehabbing a House in Norfolk VA and there were a lot of on and off rainfall in the area for last couple of weeks and now there is 3 to 4 inches of water accumulated in the crawl space. Its been few days...
Hello, new friends! I am an owner-builder, working with my father on an ADU in SF Bay Area. The only parts we hired contract labor for were foundation and electrical, rest is DIY. We’re moving on to the inside work,...