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Hello BP Crowd!I'm using the Rental Property Calc to determine if a listing is a good deal or not for a renovation loan.However, when I insert the Estimated Repair Cost that amount is added to the Total Cash Needed, w...
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Hello BP members! I'm still a newbie and don't have any properties under my belt, YET. But, I think I may have found a good deal for turning a 4 Bed 3 Bath SFH into a 2Bed 2Bath duplex. Ive ran the numbers and it seem...
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The 50% rule covers expenses that are related to the property, not HOA, Property Management, or Debt expenses. Do those unrelated expenses get factored into the NOI?
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I just want to be sure I'm using the 50% rule correctly.
I'm looking at a property, I estimate the property will produce $650 per month in rent.
So the 50% rule assumes that expenses such as maintenance and vacancy ...
Hello to all!I’m just starting my journey with wholesale real estate and I’m having hard time to determine what location should I start look at and find my first property.Any thoughts ?
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Hello All,I've seen quite a few properties in Camden and Burlington County. In most cases, you can tell if a property is worth the time an effort to acquire, renovate and resell. However, I always get confused on what...
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Hey, I am brand new in RE but very excited and anxious to get started. Though I am relatively new to St Louis (just 2 years), I have driven around for hours, looked at properties, spoken to agents / developers, etc. I...
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It’s 2017 and you want to start investing in real estate. A lot of people want to invest, and they want to improve their financial wealth, but few actually take action. Whether you’re a newbie to BiggerPockets or you’...
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Hi everyone,First off thank you so much for all the helpful answers I've received recently, I'm getting closer and closer to getting a decent understanding. Anyway, enough of that mushy gushy stuff! I live in northern...
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I've come across a deal that I could use some help with:
2 acres +/- near active downtown area
small mobile home park with 80% of units owned by landowner
3 small single family homes on lot as well
100% occupancy
as...