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Hello everyone. This is my first real post / question so please be gentle :).Basically I want to know if my math on break even point for purchasing points with a refi is correct and if it makes sense to you guys. So h...
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Good afternoon from Germany! I'm looking for insight on the average monthly utility cost for water, sewage, electricity, internet, and anything else I may have forgotten for a 3 BR, 3.5 BA, with pool, in Sevierville. ...
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Are contractors obligated to provide cost breakdown, or what info we can request from contractors in order to see if their charges are reasonable? Thank you and any input is much appreciated!
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Greetings BP members,I'm looking to purchase a property and rehab it to flip. My question, is there a rule of thumb about how the funds should be paid out to the contractor? For example, if a contractor gave me a qu...
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Hello everyone my name is John and I’d like to get into wholesaling. I’ve been doing a lot of research and spoke to a couple of buy and hold investors in my area. One of them mentioned that he typically looks for a 15...
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Hi Everyone,I just wanted to get your thoughts to go over my analysis, if I am Missing anything.Price - $270KDown - 25% = 67500closing + repairs 15000Mortgage - 1000Property Tax - 550Insurance - 90Property Management ...
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Hey there fellow BPers! Got a question about the best way to manage a lease break request. I've read countless posts on the topic of ways to financially address the lease break details based on the lease agreement an...
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When a lender is calculating DTI for an individual, who owns real estate but does not have 2 years of schedule E returns, will he/she recognize 75% income from the properties if the properties have 6 month leases rath...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $30,000
off market deal, BRRRR strategy, zero money left in the deal
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Hey BP,We have 7 units at 5 properties and have just hired property management. We are now figuring out how we can pay her and account for it in quickbooks and our checkbook. Does anyone have experience dealing with p...