Lane Babin
Estimating Storage Unit Monthly Operating Expenses
When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
Michael Garcia
3 bedroom vs. 2
I have a unit that has a "closet" the size of a bedroom. I would use it as a bedroom. I fact it's as large as the other 2 bedrooms in the Aptment. However I can not advertise it as a bedroom since it has no windows. I...
Robert Burns
Direct Mailing Lists
I'm increasing my direct mail campaigns for wholesaling and have a question about the # of letters to send out. I read over and over again about mailing out thousand's of letters in each mailing. Well when I gather ...
Shanice Waller
Security Deposit Recommendation
GA doesn’t specific a minimum or maximum for tenants. As I’m preparing to turn a property that was damaged from the tenant (broken windows and damaged screen doors). Any recommendations on an amount for the future. Cl...
Louise Courville
What to charge for rents
Hi All - interesting thought process from rentfax on why charging less for rent will help your bottom line. What do you think about this? Watch youtube link below. https://youtu.be/Eu7S326Kun0
Robert Chuang
LA HPOZ Flip
Hi Fellow BPers!I am wondering if any flipper have dealt with a HPOZ (Historic Preservation Overlaying Zone) house before? If you do, have you experience any delay with your construction period because of the HPOZ pro...
Steve Davis
203k loan occupancy questions in MD
I am researching using a standard 203k loan in MD for my primary residence. Can I live in the house during the rehab? Provided utilities, roof, bathrooms, kitchen, etc are operable? What are the rules concerning occu...
Peter Morrissey
Opening a wall...how high?
I am opening up the wall between kitchen and DR on a buy and hold two family I am rehabbing. The stove will be behind the opening and I'm debating on how high to make the wall. If I make it high enough to cover the ba...
David Burgraff
Using FHA financing for a flip
I'm wondering what the community thinks about trying to flip a home with FHA financing but never moving into it. Am I legally allowed to purchase a home with Owner-occ financing, never move in, fix-up and sell? Then ...
Jessie Kristie
Anyone still buying with increasing interest rates?
Hello, Just wondering if any investors are still buying in Huntsville/Madison area with increasing rates in current market. In CA, I’ve been seeing price reductions with some remaining on market for longer than 90 day...