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Hey guys and girls,So when using rental property calculators what % do use for the expenses and growth monthly?I’ve been using 5% vacancy 10% repair costs 5% CapEx 10% management feesI assume all utilities will be han...
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I'm looking at an REO Duplex (3/2 & 2/1) that a realtor sent me. One highlight that turns me on is that I can use Conventional. Property looks pretty good inside. Below are the stats:
Asking Price: 70 k
Dwn...
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Hi all,I've been scouring this forum for a while now and I love the energy and the tenacity you lot have and it inspires me to reach that level! With that being said I'm sitting on some cash and looking for a multifam...
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Hello everyone I’m in a tough spot at the moment, I have found a motivated seller willing to sell me their single family home at 245k in move I’m ready condition’s I have not been in the property but I am assuming it ...
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Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I ...
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I am an aspiring REI and new to BiggerPockets. I am wondering how much does property tax rate affect decision making on which areas to invest in. I do not see this a much talked about topic. I thought this is importan...
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So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
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http://www.biggerpockets.com/properties/13950-14-roi-on-this-duplex
I am a complete newbie but from what everything turns out to say, I sit on my butt and collect around $880 every month? Is this too good to be true?...
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Home depot is expensive... so where do you go to get your rehab things? Habitat for Humanity Re-store? are there warehouses ... direct window suppliers, direct flooring/doors/fixtures without home depot or someone l...
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Hey guys, So I've been studying investing in real estate properties for a little while now. I've put together the beginnings of an investment strategy draft. It's laid out in order and is set up so that indented bulle...