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Is the 50% rule and the 2% rule/test even possible in Massachusetts?
Hi Guys/Gals, I am a new member that finally saved up for a year and have enough to get into a low DP property. I have a property in mind that has an asking price way higher than I think would be profitable but have f...
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Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...
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Trying to figure out a good formula to use when buying a rental property? I know income-expenses. But what are some other expenses or things I should consider or look out for?
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My business partner and I are interested in house hacking together and then moving out a year or two after we purchase and renting out the entire house. This is our first RE deal. In general what advice would you give...
i have a commercial property in rochester,ny built in 1940. If it need close to 80,000 in repairs how can i find out what to sell it for? Need suggestions
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Hi BPWhat should I be looking for and looking out for when reviewing a condo association budget? I often have clients that are buying condos but I am not really sure what is considered a healthy HOA and what indicator...
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Hello,
I'm new to this community, and I have a question regarding the analysis of a condominium property. I'm unsure whether repairs and capital expenditures (CapEx) should be included in the list of expenses or if t...
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Hi everyone,What amount do you set aside towards your reserves fund for your properties? For example:X% of gross cash flowX months of operating expenses$X per square feetFor me, I was debating 6 months of operating ex...
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Hello good folks of BP,My wife and I will be closing on our first owner-occupied rental property (duplex) in May 2019 and I'm trying to do as much up front leg work as possible to prepare for us being new landlords. ...