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Hi, I have been reading about the 50% rule and I use it for my rough analysis. My question is: Is he 50% rule enough to cover major expenses if you plan on holding the property for many years (roofing, AC, etc) or do ...
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Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
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Hello everyone. I'm a complete noob and have been lurking on BP for the last few months trying to educate myself as much as possible. Excuse my ignorance but I have a question I'm hoping someone can shed some light ...
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Looking at this property in Long Beach and here is my analysis.*Just for deal analysis practice, looking for some feedback to see if i should increase some expenses or add some missing expenses that I didn't account f...
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If I purchased a new or majorly remodeled property where all the major systems were new, how might that effect my CapEx expense category? I realize that it still needs to be saved for, but if my roof shouldn't need to...
Hello BP Network! My wife and I are just starting with our first rental property and wanted to see some opinions on how much we should be saving from rental payments for future expenses? Thank you in advance.
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Background: I have a rental property that I self-manage with great tenants that is recently remodeled. I personally lived in this property for 3 years, and the tenants have been there for almost a year. I’m keeping...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Newcomer in the investment world, I apologize if this question seems straightforward and may have already been addressed elsewhere in this forum.
I'm currently contemplating the purchase of a newly constructed proper...
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What type of expenses does a wholesaler need to prepare for?