Thank you all for the wonderful information in this forum!
Question: How do you appropriately price performing 2nds? Let's assume a nonjudicial state with seasoned pay history.
Do you price based on a certain IRR,...
Here is the Deal!Owner going into foreclosure pay off amount is $43,146.75 on the property (including escrow taxes, back payments, insurance, fees, etc.). This is the pay off amount according to the lender. Her goal i...
Hi all,I've been reading posts on BP for some time now and I'm hoping the community might be able to provide some suggestions. I'm in a bit of a tricky situation, my household annual combined joint income between my w...
Hello,I am looking for a good attorney located in Texas that can assist me in forming a Series LLC. Any suggestions would be greatly appreciated.
I purchased a SFH for $30k cash in June. I put $20k in repairs into it. I have a tenant moving in August 1st at $895/mo. It's an 800 ft2 2/1. My property taxes for this year are $3000 but are going do...
A friend of mine asked about calculating ROI/ROE for a flip he completed in April. Details:Source of funds from HELOC interest only.Rate at prime rate + 1/1 a point (4%).Purchase price $128,000Purchase date 01/21/201...
Hi BP Community. I have a very basic question after analyzing thousands of properties. When I look at the BP calculators after running the numbers on a property, I have what seems to be conflicting information. Exampl...
Hi Folks at BP! Hope you all are doing well. I am purchasing my first rental property in America and I need your advice with it. The Neighborhood has good schools and is in a crime safe area. What do you think? Here a...
Hello,
I am closing in on purchasing my first rental property. I must say its been an interesting but nerve wracking experience. I've done my due diligence and pulled all of the information I could regardin...
Hey guys and girls,So when using rental property calculators what % do use for the expenses and growth monthly?I’ve been using 5% vacancy 10% repair costs 5% CapEx 10% management feesI assume all utilities will be han...