Hello, i live in a smaller city in southern Minnesota! i have found the perfect house to wholesale, it is run down and there is an eviction notice i believe in the door, i am just looking for advice on how to find the...

According the New Mexico State Bar a landlord must:
Supply running water, a reasonable amount of hot water and reasonable heat in the dwelling unit at all times.

I assume that means making sure the plumbing, hot wate...

Quick question - I'm a broker and work with a lot of folks looking to purchase a multifamily for occupancy. I still run numbers as if they weren't in the property to see if the numbers make any sense and if a property...

Good evening BP Jax! I am practicing analyzing some properties in the Springfield market. I really like the historic homes and am trying to find some comps for the subject. However, one of the comps I found has more a...

I am looking at purchasing a duplex in Indianapolis, Indiana that has a garage that has been converted to a storage area. No roll up doors, just a single door in the middle. Its about 32ft wide and 20ft deep. I want t...

 I found an off market house next door to my sister that I think I could wholesale for the young owner who "just wants rid of it" after a recent divorce. I've run the numbers and the comps/ARV look great.   I've never...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $260,000

Cash invested: $17,000

This is my first investment property which is a duplex.

What made ...

When analyzing a multifamily rental property, what is a good percentage to use for operating expenses (e.g. 10%, 20%, 30%)?  Thank you! 

What are some rules of thumb or advice when buying an owner occupied duplex?

I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...