Hello BP,So the discussion came up yesterday with my mother about her current reno. Bought a 300k foreclosure, so far 200k in reno added with still 50k-80k to go. We talked about possibly selling at some point and wha...
How much do yinz budget for repairs and capex for single family rentals from the early 1900's in the Pittsburgh area? Rules of thumb such as 5% of gross rent for repairs, and 5-7% for capex seem optimistically low fo...
I've been a handyman for quite some time, but I never understood the concept of Permits from a home owners perspective. If I'm the home owner and live there, do I need a permit to fix a kitchen or finish a basement? I...
Hey BP!I'm trying to find the best and easiest ways to calculate if a property is worth the investment. I have been looking at all these videos, webinars, and excel sheets. Im open to all ideas and tips y'all have for...
It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...
hi everyone,
i am in the process of analyzing a duplex, and I've just learned some new info about and I'm wondering what I'm missing about the implications of the following details:
-duplex is tenanted already; duplex...
A group of us friends went in on a project with three of us investing 30% each. Our friends, who are married, contributed around 3%, with the intention being hours working on rehab going towards a higher percentage ...
I am buying a small run down cottage listed on the town field card as a residential single family, but completely covered in red for commercial zone on the town's zoning map, it backs up to a grocery store and is acro...
Hello,
As the title states what's the difference between purchasing an apartment and a single family home for an investment purpose? Pros and cons?
Living in SAN Diego by the way!
Thank you!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $121,000
Cash invested: $114,000
Sale price: $330,000
This was my first fix & flip! After running my numbe...