Terry Harris
Home flipping in Chicago
Would you use the 70% rule as a guideline for a state like Chicago (downtown) A area. Or would the percentage be a bit higher.
Jon Schwartz
Los Angeles opex rules of thumb?
Hi all,Angelino new to the LA market here. After focusing out-of-stage, I'm determined to make the LA market work for me!What percentages do you LA investors use when estimating opex while underwriting a property? I t...
Chase Gochnauer
Considering NREIG for insurance, thoughts?
Hey all, I am seeing mixed reviews on NREIG. Any feedback you all can provide? Their quote is quite competitive, particularly since I can set my coverage amount. My properties are valued a bit less than replacement ...
Cody Krecicki
A.I. Summarizes USA County Employment and Wages – Third Quarter 2022 (it's good)
Employment increased in 346 of the 355 largest US counties from September 2021 to September 2022.National employment increased by 4.3% over the year.Average weekly wages for the nation increased by 6.7% over the year....
Joseph Fenner
How much should I spend on renovations on average?
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...
Achi Adamit
How do investors get back their money?
In the beginning stages of raising funds for a student housing development project, but am curious to know what are the different methods investors are paid. For instance, do they get paid at the end of the investment...
Craig Abernathy
Property Management Company in Smyrna, GA
Hi,My wife and I are new to the rental business and would like to partner with a property management company for our single family home that is located in Smyrna, GA. Any recommendations on reliable property managers ...
Mauricio Hernández
Investing with a partner, need advice.
I am purchasing a property to flip with a partner. Need advice on what kind of paperwork I need to indicate the percentage of ownership and the percentage of profit split. Can it be written in the purchase agreement d...
Nicolas Beck
monthly provision for capex
Hi Guys,
How much would you provision for capex per door per month for a small multi family (4 doors). I feel I may provision way too much thus make any potential deal not very attractive
Tks for your help
Rich Hupper
Tax deductions for owning investment real estate
HelloI am trying to understand taxes on a single family investment. If I have a property where in the first year I have the following cash outflows, what expenses would be tax deductible and what percentage of those e...