Hey BP community! I am in the process of buying my first property! It’s two SFH that I can’t wait to get rented!
However, I’m hung up on closing costs. What is a typical percentage I should be charged?
Currently th...
Hello BP! New member here just getting started in Charlotte, NC.I work as an optometrist in Charlotte, and live in Matthews, NC. I have a friend in town who is an agent, has been a contractor and is also an investor...
BLUF: Expressed as a percentage of revenue; what are your cleaning costs? please chime in if you can help with any other STR industry averages for expenses.
For the trailing 12months my cleaning expenses account for ...
1. Say a house is bought for $40k, $15k repairs needed. ARV $100,000. What is as is value? For a low priced house like this will you require an appraisal to determine it, or go off some desktop estimate?2. Once as is ...
When analyzing a new build/“build to rent” property as a rental, what percentages/amounts are others using for:-Maintenance/Repairs-Vacancy-CapexI’d assume it’s less than than existing homes, but by half or is it safe...
Hello BPers!I'm a new investor and to assist in my learning I created a rental property analysis spreadsheet. It's pretty bare bones but that's kind of why I like it. I try to keep things simple and not overcomplica...
Hi,In light of all the craziness due to Covid and rent moratorium, I was wondering what the percentage of rents collected are these days compared to pre COVID. What were you collecting as a percentage of total rent i...
You may remember my post of a month ago where I was asking for suggestions for one of my underperforming STRs. One of the suggestions from many was to go with Pricelabs, so I did sign up. I set up the house with the h...
Me and another person plan on going 50/50 in a wholesale business. The thing is I know I will put way more time and effort into the business and turmoil will eventually breakout possibly. Let's hope that doesn't happe...
I am looking to purchase a historic house converted to a 4 unit office building right in great trendy downtown area - I would be converting it to 6 spaces and using one space for my own business. The price is 275K.
I...