Hello,We own 2 SFH that are full time rentals, we self-manage at this time. We also have a personal residence. Our 5 year goal is to have everything paid off, move out of the area and turn our personal residence into ...
How does one figure out what is a fair fee to pay architects? I am seeing ADU architects all charging about the same amount, but not really designing anything new. ADUs designs are fairly basic. An Designer/Archite...
HELP !So heres the deal.Its a 2 bedroom Condo.Asking $159,900 Looking to put down 20% ($31,980) -Condo Fees are $374 per month ($4488 Yearly) -Property Taxes $952 Yearly -$127,920 mortgage @5% (Probably High) =...
When considering investing in a property, it is essential to have a clear understanding of all the expenses that come with it. To begin with, create a comprehensive list of expenses, including taxes, maintenance, util...
Good morning dear BP members,
I am analyzing the below rental property deal in Florida:
Purchase Price : $ 50,000 (including closing, cleanup & rehab costs)
Amount Invested : $ 10,0...
Is there a "general rule" for the number of units where it makes sense financially, to use a Property Manager (PM)? For instance, 5+ units use a PM? I am looking into making the move from a SFH to a Fourplex. I und...
Apart from the difference in interest rates. I'm looking for some feedback; Between a HELOC or a Hard Money Loan which would be the better option ? My ultimate goal is utilize the BRRRR strategy in acquiring a propert...
My fiancée and I just bought our first duplex that is already occupied. We hired a friend who does maintenance for a large real estate management company. He has recently started doing personal jobs on the side but is...
How much cash flow should you aim for monthly on a condo? What are you guys generating?
I've always had the mindset that it didn't really matter who I refinanced by BRRRR properties with because interest rates would be pretty universal. As I get ready to refi my latest purchase. I am curious, do you thi...