I was wondering what percentage people are using for vacancy, repairs, capex, and management fees when using the rental property calculator to evaluate deals. I have been using 5%, 5%, 5%, and 8%. I didn't know if thi...
Just getting started in the rental game, looking at 2-4 families (owner occupied) in providence, RI and Merrimack valley area in MA. Was planning on going FHA but just learned about conventional 97. Trying to decide b...
BP colleagues, I'm trying to finance a property via one of the lender I work with. Rough numbers are as here: Purchase price : $155k, Interest rate: 6%, Down : 25%, Closing Cost: about 7k (including 2k of prepaid and ...
Next year I will be attending University of Texas at Austin and I am looking for guidance on owning a property in Austin with a tenant that pays the rent while I live rent-free so I can pay in-state tuition. I am youn...
I am 18 and don't have money to spend on getting a pro account so I am making my own calculators in excel. If anyone has time could you review it and see if there is anything I missed. It calculates cash flow, ROI, ...
Hi everyone, I am curious to know how investors determine the market rents on their properties. I am using a site called rentometer and I like it. I do think that they are a little on the higher side so I wanted to kn...
Can anyone recommend a good software program to keep track of rental properties?
Hi, I was analyzing a potential real estate property. The ROI is anywhere from 15-22% depending on how low I can get the purchase price. Cash flow is ~$350 a monthly but it doesn't meet the 2% rule (it's at 1.50%). So...
Hello BP!Just finished a bathroom remodel that took waaaay tooo long, but I thought I'd share my experience. So I am house hacking a rental i inherited and one day noticed a puddle in the hallway carpet. I examined th...
I have a rental property. Can anyone make some suggestions on which type of flooring is best used in residential rental properties? I am looking for something durable, practical, and of course inexpensive to either in...