I bought a SFR with a completely built out In-law suite in the basement. My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit. Seems clear enough. However I am also...
Just started looking into properties and am a complete beginner at analyzing properties. I've read the BP book for Rental Property Investing and watched a few videos where Brandon Turner provides an estimated percenta...
Rookie investor here; what set data points do you try to find when you're researching a submarket? I want to develop a process, but don't want to waste time with gathering research points that are ineffective. Below i...
Hello biggerPockets! I have a question about the House Flipping Calculator. 1. what percentage is normally the Purchase Closing Costs?2. what percentage is normally the Selling Closing Costs Closing Costs?
I am new so forgive me if this has been discussed before. I am trying to understand whether there is general rule or rule of thumb formula to figure out percentage costs of a rehab project. Specifically figuring out p...
How aggressively should I be factoring in CapEx and maintenance respectively, as percentages of my monthly cash flow for a new construction home? Am I able to assume that it's feasible for me to be less aggressive wit...
When you are finding your monthly net cash flow, are property management, maintenance, utilities, capex, etc percentages of gross rent, or percentages of your gross cash flow (net rent - PITI)? I usually say 8% for pm...
I'm hoping someone can shed some light on a very frustrating problem I'm encountering with Homepath properties in Madison, WI.I'm looking to purchase, as an owner occupier, a single family home in Madison, WI. I rece...
I was looking at the population change and owner-occupied housing units between some cities to understand their correlation to rental market potential.
The data source is - https://www.census.gov
The percentage cha...
I have been in contact with someone who is a close friend of mine who has agreed to help me get started in RE fixing and flipping. Long story short, I would be giving them a percentage, (25-50%), of the down payment o...