Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year

Good d...

Does anybody have any hard data they have compiled for expenses/vacancy/management of low-income vs. higher end rentals? I know the rule of thumb around here is 50%, but it seems that low-income is probably highe...

Looking at next property purchase. I'm looking at methods of analysis. 50% rule specifically. It seems a bit over conservative for SFH. I could certainly understand it to be useful for multi-family. I rented my house ...

hello BP...I'm new to REI and I'm trying to get a grasp of rehabbing costs...one of the better ideas I've learned is to save all products bought and or used to use as a template to copy for future rehabs. This makes i...

I did a little R.E. investing about 15 years ago. I owned a couple of 4 family apartment buildings, but got out because I was traveling out of town on business a lot, and the time/hassle was not worth the potential r...

I have a duplex, currently live in one side, and need to make a decision on a window purchase. I received a quote to use regular windows or for an additional $1,150, to use low-e + argon. I am debating spending the...

I have had a couple of bad experiences with appraisals coming in very low with certain lenders and have taken the suggestion of some BP members to try to convince buyers to use my lender.

I have offered a variety o...

I'm starting to make my new farm area South Los Angeles, Watts, and Compton, California. I've noticed that a lot of investors are tearing down older, smaller houses on R-2 lots and building duplexes on them. I got a c...

How many of you enjoy sitting down to an episode of Flip Or Flop, or Fixer Upper, and think, it would be neat if I could make a deal like that and come away with a big payday. While real-life house flipping isn't as e...

4 Things You Should Know Before You Flip a HouseAs an entrepreneurial-minded person, you love to examine potential business opportunities. House flipping attracts countless business people like you, but not all of the...