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19 September 2017 | 5 replies

So, I close on my first rental (buy and hold) property on Oct. 16 2017 and I am dumping all of my savings into that. It's a single family residence that cashflows about $300 a month according to the Bigger Pockets ca...

Gabe Castellanos How much to budget for cap X, and maintenance on a new build

7 December 2020 | 1 reply

I am new to REI and want to know what do you budget for capital expenditures, and maintenance for a house that is newly built?I’ve read 5% for Capital expenditures, and 10% for maintenance. In your experience do thes...

Matthew Hite Which to Replace for BRRRR Strategy?

10 October 2017 | 7 replies

Hi BP,I'm in the middle of a rehab project for a small rental property in which I'm using the BRRRR method. Foundation, plumbing, and electric are in good condition, I've replaced the roof, repainted, installed lamin...

Nicholas Kurowski Philadelphia, PA Duplex Deal - Need help with financing deal

13 May 2016 | 2 replies

Good Evening BP,I have a potential deal in the works for a duplex in Northeast Philadelphia. The property being sold shares a step with my current rental property that I bought last August. It is an estate sale that ...

Peter Kime Four Plex Assessment Help

3 September 2021 | 0 replies

Hello BiggerPockets! This is my very first post and I'm very new to real-estate. I hope to gain some valuable insight on a deal that I'm currently evaluating. This seems like a nice opportunity to get started with my ...

Kevin Sherman Rental Property Insurance

6 January 2016 | 1 reply

Ugh - just renewed my rental property insurance - and it's up 27% YoY - and up +40% over the past two years. It's a duplex built in 1910 (Lakewood, OH - there are zillions of them). Rough specs:1. Value (county, and r...

Brandon Cooper New rental under contract, will close next week

22 February 2020 | 1 reply

Hi all, i found this property on the mls and was able to walk thru it the next morning. The ask was 65k. Arv is approximately 80k. It needs about 20k in repairs, new roof, windows, a bit of electrical work, water heat...