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Im new to REI. Can anyone give me a rough percent estimate of total expenses including tax, insurance, and everything else.
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Is it better to have a property under contract before calling contractor companies for bids. Will they even come out if it's not under contract?
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Hi all,Looking to place my first offer on a rental! I'm very ambitious... Maybe too ambitious? Anyways, I'm trying to figure out my numbers and I want to talk this through with some pros in the industry. I ran a basi...
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Hi All,
Would someone explain to me how the numbers would fit in to the 50% rule. To my understanding half of your total rent will go towards your expenses. So correct me if i'm wrong but half of my rent shoul...
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Found 4plex that owner pays heat. Heat is two units using oil. So if using 50% rule how much more should you factor in the expenses to cover this additional cost? 60% Also if you want to convert this heating system to...
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Hey BP world put an offer in on my first property. Just wanted a second set of eyes to take a look.
Found an off market value add deal in a B- neighborhood with a C+ property. The price we offered is 150k against th...
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Hey guys,Anyone change their roof in the past two years here in the bay area? I wanted to find a way to estimate roof rehab.. Maybe for composite shingles roof how much it would approximately cost per sq. ft.thanks.Ha...
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Hello everyone. I'm currently reading J Scotts book on Estimating Rehab costs. At the same time I'm practicing estimating rehab costs. I'm having trouble finding measurements like linear feet for gutters, soffits fasc...
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Hi BP community, I have been wholesaling for one month and am eager to closing on my first deal. I like the possibilities of creating through real estate through so many methods and allowance for financial freedom. En...
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So I have been looking at properties on RedFin for about 2 years. I have no real estate experience. But I am close to 100K saved up.
I notice that in poor/rough neighborhoods, like the West side of Chicago, propertie...