Travis Cripps
Maintenance, repairs, and cap ex
Hey Guys,Question regarding projected maintenance, repairs, and Cap Ex. I've heard and read opinions on the anticipated expense percentages when evaluating a property (10% property manager, 10% repairs, 50% rule, etc....
Derek Nemec
DSCR loan - rates/lender check pls
Hi there, currently looking into the DSCR (cashout refi) loan products, and I am trying to lean into a lender with the lowest possible rate/cost above all else. Here are some details: LTV approximately 70-75%, 740+ cr...
Eric S.
BRRRR Full Rehab Cash Flow and 50% Rule?
So I've heard a few investors on the podcast spit their numbers after a BRRRR and all of them said they cashflow. But using the 50% rule of thumb as a conservative start to estimate capex/vacancy/repairs, they did not...
John Kai
Build a spec home or just sell the vacant lot
I need some direction from members. I am in the process of subdividing an existing 9+ acre property into 4 individual lots:Lot 1: primary residence - includes an existing 3,000 sq ft, custom home built in 2006. Zill...
Ryan Matt
Mutli family cap Rates and Valuation
I am looking at a 15 unit multi family. All units are 1/1 around 500 sqft. Income is 81,000 per year with expenses of 20,000 per year. Looking for insights on what to offer for a purchase price since this is an off ma...
Jacob Forbis
What do you look for in an area?
I am still a new investor, and I am trying to develop my business plan. I want to specify what local areas I want to invest in. I've come up with a few requirements, but I thought I would poll this group and see wh...
Gaston Barua
Career change
Hello BP! I am in the process of investing in a rental property. However, I have realized that while i continue to work on becoming a full time investor I would like to immerse myself in the Real Estate world to absor...
Justin Brickman
This Affordable Texas City Is Giving Austin & Dallas A Run For Their Money
The Unfolding Story of New Braunfels, Texas
New Braunfels has undergone a significant transformation, evolving from a tranquil town to a thriving suburb that magnetically attracts individuals from the larger urban ce...
Matt Thomas
Massachusetts Rehab Costs
Hello,
I recently purchased and read @jscott's book on estimating rehab costs. It was very informative and helpful, but as the book mentions, labor costs vary widely across the country so there is no way that every ...
Chuck Patel
STR COMPETITION THROUGH CLEANING FEES!
iN THIS COMPETATIVE MARKET I SEE QUITE A FEW FOLKS CHARGING A LOW CLEANING FEE TO NO FEE AT ALL. TO ME IT SEEMS YOU ARE BUYING A JOB AS A HOUSEKEEPER. I AM IN A SMALLER MARKET IN GEORGIA AND IN THE PAST YEAR MULTIPL...