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I have a quick question. I'm interested in purchasing a gas station. The gas station is NOT on the market for sale. Long story short - I am positive that owner will sell it if there is offer on the table. I do have ow...
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when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?
For example:
Purchase Price: $174,000
Mortgag...
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For new and smaller investors, when you use BP Rental Calculator, if you will be doing your own property management, do you set Property Management Fees to 0% and accept the Cashflow and CoC as true? Or, do you set it...
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Let me clarify: my mortgage broker/lender is also an investor in the MFH niche and is doing well for himself. We were talking about the expenses to owning a rental property and he said not to worry about calculating p...
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I am looking at purchasing a condo in Myrtle Beach, SC. Purchase price is around $110,000; rental income is $26,000/year. When I plug my numbers into my calculator, I am coming up with a cash flow of roughly $800/mo...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Hi I am Donna,And I just paid cash for a fixer upper. I am currently breaking down the house to the studs and boy did it need it. The house was made in 1954. I am now replacing windows on my own because the quote t...
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I live here in Gulf Breeze FL by Pensacola. I am currently talking to Evolve and Vacasa. Evolve is 10% but I still need a PM that handles contacts and cleaning etc that is a flat 350-400 per month and includes in pers...
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hi everybody.being a landlord in nj requires a lot of legal knowledge, how is one supposed to know all the laws?is there any book that has all updated laws?and how and where do i get the updated laws?
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Lots of people on BP say it's not easy to scale SFHs (including duplex, fourplex etc), so I'd love to hear the opposite viewpoint from people who have successfully scaled. 1) So who here has a ton of SFH (single to 4p...