Tim Schroeder
Should I assume 50% for rental expenses when analyzing a deal?
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
Kihlon Golden
To File (a Claim) or Not to File
Hello BP Community,I'm about 6-7 months on the site but slowly starting to be more active on it. I'm trying to decide whether to file a claim on the roof of my 40 unit apartment. I'm only a few months into the prope...
Mark Fedorov
Awash in washing machine quarters
I have 8 washers and dryers in my buildings, I get about $400 per month in quarters. It is nice to lesson the blow of the water bill. However I am with TD bank (in NJ) and they used to have a coin counter which I woul...
Rodney Kuhl
SSI income doesn't meet 3x monthly rent criteria - still ok?
So I have 3 applicants (a brother and 2 sisters) who don't work but get SSI disability income. Rent for my property is $850/mo, and I am requiring 3x the monthly income, which is $2550/mo in income. Combining all 3...
Scott Trench
My Thoughts on the Current Economy (Will I Upset All Parties?)
This is a monologue, but I'm interested to see reactions. I've been mulling over a number of high level things, and think that economic reality in 2022 is very different than people (media, left, right, etc.) perceive...
Nicholas Mullens
Is now a good time to start investing?
Hey everybody! I’m new to REI and am planning on purchasing my first deal in the next couple monthes I have been talking to investors in my area of southeast Wisconsin and a lot of people have told me we are at the t...
Shawn Connors
My First Business Plan
Hey BP,I have completely the first draft of my business plan. I know over time it will grow and expand, but for now this is it, tell me what you think!!!Business Plan for SKB Real Estate Solutions, LLC(Created on 7-2...
Michelle R.
Tenant exclusives in a shopping center
We have a 52,000 sq ft shopping center with retail and medical on the first floor, and second floor has professional and medical tenants. We have a chiropractor tenant upstairs who has been in the center over 20 years...
Michael Teagarden
House Hacking not a good deal?
I have been looking at purchasing a side by side duplex to house hack in the greater Minneapolis area but the numbers don't work based on current prices and rates. I am analyzing the deal to see what I would pay while...
Wynn Williams
Rental Unit Ready to List! What now?
Howdy BP! Our first rental property is ready to list/advertise for rent. I'm looking for guidance on sequential steps to take to go from this point to moving our first tenant in. I've got my RentRedi account ready to ...