Tony P.
What kind of insurance do you have on your rental property?
What kind of insurance do you have on your rental property? (Multiplex) What does your insurance cover? How much are you paying?
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
Account Closed
Question about Cap Rate
Is it considered standard to include all closing costs, capital outlays (for repairs, improvements, etc), and loan origination fees in addition to the sales price when calculating cap rates?I know that generally, when...
Anthony Freeman
Closing costs effects
I would calculate the down payment for a FHA loan and think the down payment was too good to be true. Then I realized closing costs range from 3-6% of the loan.
Cliff Hudson
Anybody Can Invest In Real Estates
According to Robert Kiyosaki's books, if you're a low wage employee, u can still invest in real estate. How far are his books and cashflow game away from the reality?
It seems like even a low wage worker managed to s...
Brian McCabe
What are we missing?
I am an agent in NJ. Here are the basics of a deal that I recently discussed with a client.
The asking price for a 9 unit, mixed use property in good condition is about $1,500,000. Gross income is approximately ...
Ray Hernandez
Wholesaling A House With A Mortgage - Numbers?
I've been looking into wholesaling the past couple of days since I may tie up a lot of my capital in other deals and I'll probably get pretty bored doing nothing. So now I came across one question that I still don't u...
Rene Bee
plumbing quote question
Hi Everyone,
I am starting a 2 family gut rehab and I am getting quotes from plumbers. I sent the architect drawings to a plumber and he gave me an quote based on the plans. The quote wasnt very detailed. He said...
Kosh Vokter
Convert Loft into Bedroom
Currently, a 4 bed 2.5 bath, 2 story SFH. All bedrooms are on the 2nd level and there is a big open loft area with windows on 2nd level that's not used much now. Upstairs has 2 bathrooms (1 for master bedroom + 1 shar...