Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
I have a question if you guys don't mind. My buddy just invested in Akron Ohio long distance from NY. I'm considering doing the same. But he said the prop. management he looked into out there takes a percentage of ...
It is to my understanding that if I found a great deal on a property I could negotiate one of two outcomes with an investor.1. If the investor's goal is to wholesale or flip the property I would state in a written agr...
Do hard money lenders typically require a down payment? If so, what would the percentage be?
Can someone explain this like I am 5? So in the analysis of this property, it shows a positive cash flow of around $300 a month. However, when I look at the 50% rule at the bottom of the analysis it shows a negative c...
I'm planning to purchase an investment property and would like to understand the typical down payment requirements. I've heard that the down payment percentages for investment properties can be higher compared to pr...
I plan to purchase I new home within the next month and was planning on renting out 1-3 rooms to future friends/tenants. I’ve done a little research regarding tax deductions for the portion I am renting out but was lo...
I found this forum searching for information on Schedule E and owner occupied rentals.I'm confused about some of the finer points of renting a room in an owner occupied rental. This isn't my situation, but one of a fa...
Where does the County you invest in rate in income and Growth?? (above or below National average)FOLLOW THIS LINK to the INTERACTIVE MAP Bureau of Labor StatisticsIt is from the Bureau of Labor and shows Average Weekl...
Hi! Can anyone tell me how to estimate with the Rental calculator projected capital expenses for a rental property based on percentage? The BiggerPocket Capex article that I found shows $$ amounts for each big ticket...