Is there anyone running a successful flipping business that would be willing to share their P&L statement or can provide info on what a healthy COGS vs Expenses ratio looks like? I'm searching for something to co...
Hello, I have a question about when expenses are paid by the investor and when expenses are paid by the tenants. Expenses such as water, sewer, garbage, gas, electricity, lawn care, etc. What governs over who is respo...
Hello BP, I have an idea for a potential partnership and could use your help in defining its parameters and terms. I will use an example with numbers to make my questions as clear as possible.
$500,000 purchase price...
Hi Everyone, I am new to real estate and I am unsure of how to come up with monthly expense amounts. When calculating cash flow, how do you know the amounts for the monthly expenses such as mortgage, taxes, insurance,...
I am currently looking at buying a single-family and renting the rooms. I wanted to get an idea of how much the expenses and utilties per month/annually would be. My top choice right now is an 8 bedroom 4 bathroom hou...
hey guys, I'm new to the area and also new to real estate in general, and I guess I wanted to start off by saying hi! but I also was wondering if some of the well seasoned pro's wanted to step into and give there two ...
Hello BP Fam!
My partner and I are currently getting into a few different fix and flip projects and i'm curious to know what programs/apps you use to make this easier. Expensify initially looked like a good one? Tryi...
Hey there - searched all over the net and forums but can't seem to find much of anything on this topic.
Situation:
- Prospecting for seller leads to buy properties directly for my company
- No commission are bei...
As a new real estate investor, I am working through the deal analysis exercise while I grow my purchase funds. Welcome some feedback on estimates for repairs and Cap Ex #'s. As a first time investor, leaning toward ~8...
My property management company charges 1 month's rent for getting a tenant placed in my properties.
I assume this is an expense I should include when calculating my cash on cash return. Would you agree or should I no...