It seems in many property analysis posts BPers use 10% as an estimate for monthly PM costs.
What about the leasing fee (which in my area is the first months rent)? The 10% PM rate would underestimate this ex...
Hi guys!I've got an interesting additional room on a flip property. Looks like the bottom 1/2' of everything structural has eroded/eaten away/magically vanished!Now I'd like to retain this room but, clearly, it needs ...
Hey BP Community,Looking for someone who has experience planning apartment complexes from scratch: specifically how to know what size each unit should be, whether to include washer/dryer hook-ups in the unit vice a co...
I cannot find anything about this. I signed up for SmartMove and am about to take a few applications for one of my properties. However, I cannot find what all is EXACTLY included in the output when a tenant fills ou...
There is a multifamily I'm looking at that appears to need a new roof. I believe the roof will be around $15-$20k depending on if it is a tear-off or not. If I were to make an offer on it, how can I have that extra $2...
Hi everybody. Thanks in advance for your help on this one. Any ideas would help a lot.I have a 14 and a 13 year old who are both interested in learning and beginning investing in real estate and business. My wife a...
I'm sure this is a simple question, so please forgive me. I used the bigger pockets calc for a potential investment property. It says the property would meet the 50% rule but I don't see where the taxes are included. ...
Hey BP team,
So I am brand new to the site and to real estate investing. I recently bought a triplex and now I am hooked after seeing the power of real estate. The property brings in 2000 and the mortgage is 1143 (5...
Looking for opinions! I am creating a FAQ for my sandwich lease option program (I am not calling it that to a seller by the way) And I am trying to figure out if I should phrase this objection as a FAQ since I know i...
Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is pay...