Nicholas Anderson
CapEx and Repairs for Rentals
Hi Everyone,What are you using for your monthly CapEx and Repair estimates when doing your analysis? I am currently using 12% combined for a light renovation and 10% combined for a heavy renovation. Both of these numb...
James R aduna
How would you decide on CapEx?
Hi BP Community,
I'm currently breaking down an investment deal and I usually combine my Capital Expenses with my Maintenance Expense at 8%. I've heard from other investor he keeps both expenses separate. Would you a...
John Gorbandt
Owner Occupied Duplex Mortgage
Hello Everyone,
My wife and I are new to real estate and are looking to house hack our first property. We have identified a potential deal in the Indianapolis area where we currently reside. I reached out to a mortga...
Bryce Cutler
Good idea to purchase vacation condo next to one we already own?
I own a 3 bed/2 bath condo in Myrtle Beach and I’m using it as a vacation rental and it is doing very well. The unit next to me has recently gone on the market and it is laid out exactly the same and priced similarly ...
Joe P.
Plumbing issues - two different backflow valves failing!
One of my properties is in a combined sewer system. Whenever it has rained, and it has rained extensively here in PA/NJ, the original backflow valve installed was failing.I had my plumber who I trust install a new bac...
Darrin B.
Newbie needs help/advice on (potential) first deal
Greetings!! I first want to say thank you for such a great forum! I have only just discovered BP and know I have a WEALTH of great things to learn.
My story: I'm a business professional who will soon be unemployed. A...
Bill Morris
Zillow for Trulia
Zillow said to be looking to acquire Trulia.http://www.bloomberg.com/news/2014-07-24/zillow-sa...
Mary Jay
How to calculate real estate taxes on Texas properties ?
Hey guys, how do I calculate real estate taxes on properties in Texas? For instance, if it’s an investment property, are the yearly real estate taxes 2% of the purchase price? Thank you.
Art Maydan
Income Too High For 5% Down?
I’ve been having a hard time getting an offer accepted on a multi-unit using FHA financing, so I decided to switch to conventional 5% down. My lender told me: “In Cook County your combined income (you, your wife and r...
Cuong Thai
A question on refinace?
Good evening my fellow investors,How are you doing today? We hope you are well. I need your advice. So please help me. I live in the Inland Empire, CA. I have two homes. One is a rental, and the other is used as...