I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
I have now been living in my FHA-purchased duplex for 6 months, and I wanted to share the story to encourage those who have been waiting on the sidelines stuck trying to figure out how to get started. If you read the ...
Hi all! We have a really hard time finding a general contractor for our repair project in a buy & hold SFH in Kansas City, MO. We hired a property manager after purchasing the house and both contractors they sent ...
Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...
So, since I've started as a pro member here on BP, a lot of the properties in my price range are all in run down neighborhoods with high crime. Does anyone have experience with these types of rentals? Is it just a ...
As you can tell, I'm a newbie - so if this is the wrong section or anything let me know.
My situation: I just sold a business, and have a decent amount of cash to invest. I'm fed up with the stock market, and don't ...
I closed on this beauty earlier this month (Dec. 2018) and it has been quite exasperating dealing with the seller and the hard money lender! She's a 3/1, 1,200 sqft home in East Point, GA - a perfect starter home if y...
I regularly hire handymen off Craigslist and work with them on rehabs. I keep their total pay under $500 and have done an occasional i9. I would like to know how to protect myself as lot of these people are unlicense...
Ready Set.....I was just going to shoot a quick video about our demo process, but I REALLY like this house so decided to document the whole flip on video. We just started demo today and made EXCELLENT progress. Shoul...