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When calculating CapEx as a percentage of monthly rent, what would be a good conservative value for:- A fully rehabbed property- A property 20 years old with 'mostly' original equipment Also, do you include this value...
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
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Hi!My husband and I just went under contract on our first property! It’s a duplex that has been totally remodeled. The units do not have a washer, dryer, or fridge. The units should rent between $1500- $1700 because t...
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I'm very interested in LED lighting, and we're starting to try it in our home. These lightbulbs are (in theory) meant to last 20+ years (ask me when I'm 65 how that's working out.) And they are very cheap to run pe...
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Ok, admittedly I am from California, and we drag out our winter coats when it dips below 50, so we don't use storm windows out here, and I am still trying to figure them out. But my properties in Indiana have them an...
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Investment Info:
Single-family residence buy & hold investment in Toledo.
Purchase price: $51,000
Cash invested: $19,750
We did the renovation ourselves. After 10 days of marketing, we had over 5...
Hey all,
My name is Layton, I'm 25 and located in Western PA. I've been following BiggerPockets for a while now on YouTube and decided it was time to join the online forums.
I have a passion for entrepreneurship an...
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Good afternoon BP!
I am in a bit of a time crunch on this to make a decision, but here is my story. My wife and I currently have 1 rental, 1 property that will end up being a rental under construction, and another r...
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Good Evening all, I am currently on the hunt for my first buy and hold rental property. I came across what I think is an awesome side by side duplex, 3 bed one bath 1500 SF per unit. The home was built in 1900 and ...
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Looking for some insightMy mother lives in a home built by my great grandparents, she is getting older and can’t afford repairs. She has offered to put the title in my name if I take on that damage. Some background on...