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When I first started looking into real estate investing a few years ago, I read multiple sources that said a conservative number for repairs, cap ex, vacancy are each 10% of rent. I've been seeing some people using nu...
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Hello i am 23 years old from Springfield, Massachusetts. I was recently introduced to bigger pockets and rich dad poor dad a few months back from my SGT in the Army. I am looking into buying a duplex and house hacking...
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Do you usually include property taxes as expenses in your cash flow analysis of a potential property if you are taking out a mortgage on the property and believe that you can count on depreciation?
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Im very curious to know if anyone has any insight on this. Would you use the same 50% rule on a house that you buy for 100k that rents for $1000 vs a house that you buy for 200k that rents for $1500? Wouldn't the expe...
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Hi
Repairs were going to be paid for before closing, as the seller having some other time sensitive activities needing to be met, my agent and I decided to grant a seller credit to the buyer for these repairs. Otherw...
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would appreciate any information
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Hey everyone,I had a question about analyzing rentals, I see people add the expense of Maintenance, Property manager, and vacancy along with others. And I have learned that people use a percentage of the rent to figur...
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From what I understand, you can deduct the entire premium as it is an expense to run the rental property. With prices going up so much, if this lowers your cashflow too much, I feel like you may not look profitable in...
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Asking Price: 50,000
Taxes(annual): 220
Insurance(annual): 450
Monthly Rents: 600
We have considered offering all cash.
If we take a loan, we are looking at around 200/month.
I already have 4 people interested in re...