How is occupancy rate actually defined and why is it important? The Airbnb occupancy rate is defined as "the ratio of the number of days in a month or a year for which a short term rental listing is booked by guests d...
I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...
I'm wondering how things work with commercial/MTF and the splitting of brokerage commissions, as I'm getting the sense from some other posts that it differs from residential (seller pays commission, which seller's bro...
Hi BiggerPockets Community!
My name is Michael, and I’m excited to join BiggerPockets and dive deeper into real estate investing! I’ve been studying real estate for the past few months, reading books and absorb...
I've been reading more (and listening to many great BP podcast episodes) about wholesaling as a strategy but I'm curious as to what happens if the wholesaler is unable to find a buyer. Does the deal simply fall throug...
What’s a rule of thumb for Utilities (Water and Sewage, Electric, Gas) per door number? If there is a such a rule? I’m aware of the RUBS system. If you don’t have the historical from last year, can we use a number per...
I'm trying to crunch some numbers for purchase of an 8 plex. Can someone give me an apx price for insurance? I know this varies greatly, just trying to get an idea. Thanks so much!!Shannon
Hello,Can you get a seller agent to provide the landlord expenses and operation income of a duplex without signing purchase agreement yet or you want get that information until you do a purchase agreement. Also, what...
Hello everyone,Im new to the real estate game. I would like to know more about Hard Money Lending. Things like the rate on loans, the length of a loan, how could I use this strategy for buy and hold? I would also like...
Hi thereI am looking at a San Jose property where it needs major repair. Is it fair to assume $250 per sqft be the cost? What is the best, avg, worst scenario?Also wonder how long will it take to get expansion permits...