I have different things about running numbers when analyzing deals. My question is how much do you budget for : Closing costs: (I’ve heard 1.5-2% on Real Estate Rookie. I’ve read Beardy Brandon say 6% to cover realto...
Hello BP. My father purchased two properties way before I was born in the Philadelphia area. That said, he has rented the properties out for years. However, recently I performed a tax search on the property and I not...
Hey BiggerPockets,What are everyone's thoughts on the recent mortgage rules being rolled out?http://www.canadianrealestatemagazine.ca/news/mort...http://www.canadianrealestatemagazine.ca/news/genw...Some thoughts:Are ...
Hi guys,Quick question..I have W2 job and last year did around 85K gross from my job..Also in October last year I bought investment/rental property with 30% down..today my tax person told me-I owe the government $ 3,5...
I made an offer today on a 5 family house in the Bronx. Please let me know what you think about my analysis,calculations, and offering price. Asking price..850,000
GR.....75,600...No vacancy added 10% for vacancy......
Hi,
The point of this message is to try and find out what a good real estate investor does when crunching the numbers before they acquire real estate. Can you please look at what I did below and tell me the pos. and ...
Non investor family member contacted me about todays closing. He just purchased a condo for approx. $185K. 80/20 Note is approx. $1400 w/ $200 HOA($1600 total). I think this is ridiculous, but I could be wrong. Any...
Dear BP family,
I was wondering what's the correct way of calculating how much of a drywall (Sheetrock) will i need to completely re-do a 1000 sq ft two-story home, including the ceiling as well but excluding the bas...
The deal https://www.loopnet.com/Listing/4300-Rosslyn-Rd-Houston-TX/16820570/Down payment is 25% of purchase price so I got 948,750 with remaining principal of 2,846,000.Income 7 of the units rented for 8050 and 20 un...
I am fairly new to actively investing in real estate- however, I don't consider myself a newbie when it comes to understanding the economy and markets.
I hear a lot of discussion about a potential all market correcti...