Low Break-Even Occupancy
The break-even occupancy is the number of units that must be rented for the building to meet its overhead costs. The lower the break-even occupancy, the more likely the building is to survive...
In addition to being a part-time real estate investor, I am highly considering becoming a part-time real estate agent. I got my license years ago but from my understanding, "hanging my license" with a broker would've...
Hey BP!I'm interested in learning more about how some of you in the community maintain records for your real estate portfolios. For example, how do you track your properties, tenants, contractors, repair costs, overh...
I'm planning to use a GC when I find my first house (assuming it needs enough work to require a GC). Is there a rule of thumb for what % markup I should factor in for the GC when estimating the repairs to determine ho...
Hi, I just happened across Associated Mortgages in the Salt Lake City area of Utah. They have interest rates for 30 year conventional mortgages at 3.75% right now, March 9, 2019. This seems exceptionally low. Has anyo...
Hi, recently came across a bid for office renovation. Contractors seems like a nice guy but following items in bid doesn't make any sense-Project Management - 4275 $-Coordination with trades - 2250 $- Foreman - 1775 $...
Yippy made some money in my first year flipping...now time to figure out my taxes. I'll preface by saying I'm a CPA but don't let that fool you as I was just a former auditor with probably no more expertise in taxati...
I know overall costs vary widely depending on where you are in the country, but it seems like ratios would stay pretty much the same. I may be incorrect about that, so if I am, please let me know.
I just finished ...
Hey BiggerPockets Family,
I'm diving into a new venture in San Diego and could use your expertise on the financial setup. Here's the breakdown of our project:Acquisition Cost: $1MBuild-Out Expense: $1MFinancing Overh...
Investment Info:
Single-family residence buy & hold investment in Petal.
Purchase price: $134,000
Cash invested: $1,000
Sale price: $145,000
Bought this home as a personal home with USDA rura...