Hi fellow investors, As I'm running Rental Property calculator analyses like it's my job, I'd love to know: how do you estimate the right price to pay for a property? @Brandon Turner says a rule of thumb is to pay for...
I've noticed that in my deals, the only number that I'm ever hesitant about estimating is the cost of repairs. Ive been using an average of 30 dollars per square foot as my general formula. However, I'm not always sur...
✨Successful real estate investing relies on several factors, but “location, location, location” is top of the list. But “location” is a broad term, and evaluating the right place to invest your dollars means identifyi...
Hi All,
I'm new to BP and the Real Estate world in general. My question is impossible to answer, and I know that. BUT- nonetheless, I am interested to hear others' opinions on it. With the price of real estate abso...
Hello, I am a new investor in the state of Washington.A co investor and I have purchased 2 houses together and we each live in one, renting out rooms. Turns out we've been house hacking and didn't even know it! He is ...
He's going to remove all the bricks in front of the existing steps and put in additional steps as the current layout is a trip hazard.Description from his estimate: "Porch - Remove bricks and stack to the side in a 7'...
My wife and I are looking to purchase a beach house on Long Beach Island New Jersey in the foreseeable future. Long Beach Island has been a vacation spot of ours most of our lives, and we want to be able to own a hou...
Anyone who lives or invests there can you provide your opinion on the market? Is it still red hot or has it slowed down? Inventory has jumped more so in the northern counties. Thanks in advance for any and all opinions.
Hello,I am new on BP, but I have already learned a lot just from reading different things over the past couple of days. This website is a wealth of knowledge, and I really appreciate all of you who are willing to help...
My family owns a duplex in LA free and clear. Due to rent control, these properties are generating about 20% of what they could, it is bad. The property is in one of the most popular neighborhoods in LA and I think ev...