Second post! Here's my introductory post: Benjamin's Intro Post
I'm still building my knowledge and appreciate, so any and every bit of feedback and perspective is appreciated!
TOPIC: Finding the 1% Rule
I'm a fan ...
Hi Guys,Perhaps you see what seems to be a Multi-Family property that you are interested in on a website or MLS, etc. Some of the important property evaluation numbers are there, but many are not. At what point do you...
50% of goss rent goes to expenses right?What expenses are those?Does it include insurance or PMI?Or insurance and PMI is in my mortgage?50% gross rent for expensesAnd 50% for mortgageSo insurance and PMI is an expens...
Just added a coin washer and dryer in a 4 unit building. Thought we would assign days for tenants to use to avoid conflicts. Any one have any experience with this?
Hi,We have invested so far in Class C, value add type properties and we received an offer to buy a brand new pre-stabilized property where occupancy is just reaching about 85%.I understand that buying a brand new prop...
We owner-occupy, and our tenant put a fire pit (the metal bowl type from home depot, with just grass underneath) and a grill in the yard while we were away for the night. Their lease calls for them to get written perm...
I recently started a direct mail campaign in Fargo, ND.I received my first call today from an 88 year-old investor who owns 50+ houses in the area. We had a very good, lengthy conversation about his background.He's i...
Hi Everyone!What are your experience with the different types of income and expense report published by NAA, ALN, IREM? Does anyone use the submarket data to analyze your deals? I was always told use OE is roughly 50%...
Very frequently asked questions about Buyer's Lists are presented here, along with links to various threads that provide the info being sought. Enjoy!
Info to get from Buyer's for your list:
http://www.biggerpocket...
Hello Everyone,I am moving to NOVA (Vienna/Burke/Springfield) in the next couple of months and am analyzing the real estate market. I am debating on a buying at wholesale and remodeling or doing a demo/new build and ...