Hey everyone - I am working on a model and looking for some metrics related to new construction cost in the Reading, PA area. Appreciate anyone's thoughts or recent data on this. - Andy
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
Hey guys! I'm fairly new to BiggerPockets but wanted some advice on a deal I'm looking into right now. The purchase includes 7 separate, single family homes on 4.2 acres of land: (1) 3 bedroom unit collecting $800/mo,...
Hello awesome BPsI have been learning quite a lot in the past couple of months and also putting some offers, though they didn't go though, and I am still in the process of pursuing that.I am in the DC/MD/VA market to ...
I have been looking at a number of potential rental properties (single family and small multi family) and trying to do quick analysis with the 50% rule. Many of the properties are lower priced with, therefore, low...
In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
Hi everyone! I currently own rental houses and want to make the jump 20 unit building, four of which are commercial spaces. This is a what would you do question: The building is 100 years old and mostly made of 1 b...
Seeing the market in reading the big brokerages reports on the main metros I invest in, everyone estimate rent growth at 0% for at least a year or two. Expenses naturally rise with inflation - insurance, property tax,...
Hi,I have owned a triplex insince 2009 and am looking to buy some SFR as buy and hold. My average expense for the five years have been 46% and just like @Brandon TurnerI was impressed by how close the this was close t...