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I love the bigger pockets community to bounce ideas off the group. Here’s the opportunity:
I’ve found an experienced operator (250 doors under his belt) who specializes in Home choice voucher program (HCVP) or sectio...
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This thread is meant to show new turnkey investors some of the things to look for when analyzing a potential turnkey deal. Please add yours!
First if you you haven't done this look for a highly recommended t...
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two 2/1 units in hollywood, fl
Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo
Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600
Net profit: 23,600
23,600-31200= 5600
...
Hi guys,What's the % of monthly rent you would estimate for renovated property? The property is 100 years old but has been renovated. It's a 4 unit. 1 bedroom/1 bath per unit. I know the numbers can vary but just ...
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I am thinking of offering my handyman 6% of gross rents to take care of an apartment building I will be getting soon. He will do everything except bookkeeping, paperwork, and filling vacancies (I have a great renta...
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Real estate gurus teach: Only buy rental properties based on actuals (actual net operating income) not based on pro-forma (or projected net operating income).Although it sounds good and reasonable, after doing this si...
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Hi BP community,I'm finally purchasing my first property (to start house hacking). I'm trying to do my due diligence in examining the Condo Association's finances and would greatly appreciate your take on my situation...
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Hello everyone,I am looking at creating an LLC (2 partners) to buy my first property in the US and trying to find out costs related to accounting and tax returns.What is to be expected on this front ? I have a first o...
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Hello, I am a newer member to BP, but am looking forward to learning as much as I can from all the experienced investors here. I currently have 6 rental properties and am curious to know how others with multiple prope...