What is a a good "rule of thumb" profit margin to shoot for when renting? If your out of pocket expenses are $1000, would $1500 per month rent be an average or above average. $500 per month profit.
Hey BP,I recently completed my first flip! It was a rough process to say the least and it went over schedule and over budget. The house is on the market right now and it's getting a ton of attention. It has over 2,000...
BiggerPockets Family,
I have an investment property that is currently under a VA loan financed at 2.75%. I have over 200K in equity that I would like to be able to use to but would really like to not refinance. I los...
We have several properties we are looking at purchasing but was unsure of where the seller got their ARV #'s - when I asked she said they just use 70% of the retail value to calculate the ARV. What are thoughts on ho...
So, I am new to the BP world and the calculator. I watched the recent webinar with the live example (great help by the way) and I watched the YouTube video with Brandon doing one in Waco, TX (also great insight). I ...
I'm hoping to buy a second property in Salt Lake City, Ut. I'd like to step away from my hourly job and be around my family more. 2 years ago I got my real estate license and purchased the home I'm living in now. I ha...
I am a CFA charterholder and work with my friend who is a CPA and we perform small business accounting which includes some work for real estate investors on financial reporting and analysis.
So, my question is what k...
This is what my banker once said. Now he wasn’t accusing me of egregious profits, just that he often saw intense competition come into highly profitable businesses and opportunities.
Has this been your experience?...
I am new to the rental game, kinda. I rented to my parents for 15+ years and when they past I rehabbed the house and sold it for $120k profit. It worked well because it was a rental they were renting for someone else,...
So in the past, I have mostly been involved in the flip game. But it's been a while since I have even done that as my market specifically has been pretty saturated with investors the last few years making the juice no...