Hello, fellow RE family.I just completed my first flip in Sachse, TX (a suburb of Dallas) and only have a few final touches remaining, with the decision on SOD being a high priority. Just like any flip story, my first...
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*This link comes directly from our calculators, based on information input by the member who posted.Off market deal from a local investor who is liquidating his portfolio. This would be a...
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
Hi BiggerPocket community,My wife and I purchased our first investment property 6 months ago in Chicago, IL. My goal for this property is to do small projects to reduce maintenance effort before we start looking for o...
Hey guys,I have an opportunity to purchase my first duplex. I would like to see what the pros think of the deal.Breakdown:Purchase price $150K. Seller Financing Monthly payment around $1,350Rental $900 and $950 month...
Dear BPers,My investment property has a ~500 SF concrete slab for a backyard. Before selling, I'm thinking of ripping out the concrete and putting in a sod lawn. What's the ballpark cost for a job like this all-in?D...
I'm considering buying a house to use as a rental- but concerned that it's on a pretty steep hill. If the tenants mow the yard and roll their mower and become injured or worse. Am I liable as the property owner??It's ...
Hello allMy wife and I are new to STR and we have been analyzing properties in several markets the last 2 months trying to find the right one to take action on. We were under contract a few weeks ago in coastal NC but...
I'm curious with all the shuffling and migration in this country, what are YOUR top destinations for investing and why. Considerations should include growth, taxes, rent income to unit price, and more. If you have a...
I'm making the leap from SFH to fourplexes. I've plan to look at a fourplex this weekend and make an offer and put down 20%. The property is listed for $109,000. Taxes are $849/yr and insurance will be $1766. The...