Hi All,I'm looking at some 2-3 unit buildings in the Queens, New York area and putting together deal analysis models. I always thought ~50% was the suggested expense margin to estimate, but when actually putting toget...

Hello BP family,I was just wondering if the Book on Estimating Rehab Costs is a good buy for someone who is primarily interested in buy and hold investing. I am considering flips in the future but am not ready to make...

Hello!I'm getting ready to close on my first SFH at the end of the month. I want to make sure I've got my ducks in a row but I'm sure there's something I'm missing. The good news is I've already got a 12 mth lease sig...

I'm looking to familiarize myself with the investment possibilities in the Tampa St Pete area. Are there any areas on the verge of gentrification? I'm a cash investor and prefer sfr 3/1 or 3/2 and looming for caps abo...

Hi all-

I'm in the process of closing on a property that will require some major repairs. I was lucky to get it at a pretty solid price (60% of ARV) and will spend in the range of $30-40K on repairs. Current plan is ...

Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...

Do you have a check list of things to look at, take pictures of or write down?  Do you bring your contractor with you for the first look?  Do you take measurements?  We are looking for our next home to flip.  We have ...

I haven't made a purchase yet but plan on buying distressed homes and fix them up for rentals.
One nightmare that's kept me awake is the idea that the person foreclosed on has poured concrete down the shower/toilet/an...

My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...

Hi , I am new here and this is my first posting . Great forum !

I am considering the following investment
-11 unit building , mix of 1 and 3 BDRMs , fully occupied
-Price is $415K
-NOI 55K on 105K Gross
-Building is...