As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
I got a Duplex with two detached car garages, I want to convert this into an ADU. How much does it cost to build an ADU unit?Can I build a second ADU on top of the Garage? What are the requirements?
My name is Wayne, I am new to RE investing. I am hearing a lot about the 70% rule. How often is this rule used and what success have you achieved using it? Please advise.
BP Team,
We are doing the underwriting on a development project where we hope to build 2 new 8 unit buildings with Class A apartment housing.
My question is what has your experience is with the "50% Rul...
Hi all,Looking to build an ADU behind a single family house in the South Bay. I had a bunch of GCs provide quotes back when money was free in 2021 and lumber prices were through the roof. Decided to pull back because...
Turn key building from long time owner of 26 years, here are the numbers I have verified. Class B+ neighborhood. How much would you offer? # Description(All Figures are Annual) Monthly Annual Amount ...
Caught this in the back of page of the WSJ. This will have some real impact on those of us in the vacation rental space. Specifically, due to the pressure from city, state and local associations, the VR model is a...
Hi BP community! In Chicago, what would be your top 3 criteria to choose to buy a multi-family house in Chicago? (for buy & hold)(for instance, does the 2% rule even work here?)
In Jacksonville, Florida and looking to house hack (preferably multifamily). When looking to determine the rent of the property, does the 1% rule really matter ?
Hi everybody.I am looking to buy a multi-family property potentially in Raleigh, Atlanta, Orlando, or Ft Lauderdale. I'm looking for a good rule of thumb for property insurance when I analyze deals. As an example, I ...