Please remind me of the "typical" percentages expected before investing. (FYI, I'll be posting this in multiple categories, so as to reach all those who may have an answer, but don't feel obligated to reanswer in eac...
Hi All - Thanks in advance for any help you guys & gals are able to provide. I'm starting in Multi-Family investing and building my proforma out to analyze some properties in the Midwest (Cincinnati, Dayton, Colu...
The short answer: Yes. There are pros and cons to both, and also key differences to consider for your financial and familial situation. Below are some key differences (in my opinion) after successfully house hacking t...
Dear all, I would like to create a Single Member LLC to hold a long term rental property in Texas (I am living is Texas). Texas has no requirement for an operating agreement, but I would like to have one as I hear the...
Hi everyone!I just got started with BP and am trying to practice analyzing deals when I find listings. I know these expenses definitely vary depending on specific situations, housing types, location etc, but would any...
I have been analyzing and making offers on properties to BRRRR but have been continually getting negative COC and been off on closing costs. I've run numbers through the BP BRRRR calculator on multiple properties lat...
Hello- I am new to the real estate game and I have been practicing with analyzing deals using the rental property calculator here on Bigger Pockets. I watched a video which helped explain some of the numbers, but I st...
Hey guysHow do you calculate remodel in basic basic gradeI mean 1000SQFT LVP floor in all house2 bathroom remodel with tile on walls and floor - each bathroom i believe that is around 3-4K finish materials from HomeDe...
I will be renting out for the very first time this summer. I had a few questions on how to go about it:1. How to determine what's a fair rent to charge? I use listings in Zillow as a reference, but, they are inconsist...
Hello all!I am curious on what typical Flippers, Landlords, Contractors or Developers budget when it comes to Painting a property that needs rehab or tlc. I know it can vary depending on how much a quality job is need...