I am trying to calculate potential returns on a short term investment property, specifically a Pensacola Beach rental. I’ve nailed down rates per season but I’m not sure how to figure occupancy. For those of you tha...
Hello bigger pockets family. I have a question. I recently just a put a 5 unit multi family property under contract here in Illinois (a hour away from Chicago) to possibly wholesale. The owner had it appraised and the...
What would a budget look like if I were looking to rehab?
Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...
Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...
Hi BP Community,
I purchase all of my appliances brand new for my rental properties. I have experienced several occasions recently where I am faced with the decision to spend the money to repair or replace the applia...
Hey Bp,
Im stating my direct mailing campaign and i was wondering which method do you think is more effective putting together my mailing list by myself or using a company to compile the list for me.
an...
Hi, I have a 4 plex under contract and all was well until Insp identified septic tank leak. They have a concrete tank. Bids to replace are between 18-25K. In their amendment to the sale agreement, they stated they ...
Hi,
Does anybody have any pointers to resources/documents that help you assess building costs or replacement costs for the following items.
-Blinds
-Carpets
-Driveway
-Fences
-Landscaping
-Patio
-Sidewalk
-Swimming P...
Running the 50% rule shows this vacant REO triplex at a negative cash flow, but when I run a more detailed analysis, it seems fine. I'd appreciate insight on this deal:
Purchase price: 209k max with 25% down
Gross ...