Hey there experienced Investors... I have a Q on BRRRR method around how you look at your cashflow. Do you take out variable costs (management fees, maintenance/ repair, vacancy, cap expenses) from the monthly income...
For those in Cook County, IL -- generally what is the delta expressed as a percentage between these 2 variables? Is it roughly 10 percent or higher?Would a recent tax appeal impact the appraised value to the downside?
My buddy has a 3.75 on his single family home and is encouraging me to shop around for a lower percentage. Because my credit score is below a 740 (709) and the townhouse is below 100K, I believe that has reason to do ...
There will not be a uniform number and there are a lot of variables before one can give a concise answer but at what percentage is reasonable for the bank to indulge in a short sale?
Mortgage Owed = $180,000...
Pre-foreclosures are a big percentage of the real estate market so they are almost inevitable when wholesaling. Because there are many variables that determine if pre-foreclosures are good deals, I'm confused about h...
when buying a multi family property whether a 25 unit or a 60 unit. what percentage of the purchase price is typical to pay in closing cost?what are typical closing cost other than what I listed below?Title, inspecti...
First post on BP! Just starting out in investing, we did our first live and flip in the fall of last year. With that we where able to buy another fixer upper that I spent the first 3 months fully renovating. We now si...
If you have a third party managing / overseeing construction, CapEx improvements, larger repairs, etc. what is the fee (%?) you pay them for this oversight / management? Are there variables based on scope, cost, durat...
The 70% rule in real estate can be helpful when comparing properties and making a final determination on which one is the best investment. Understanding the ins and outs of this rule is imperative to using it to your ...
I have been trying to find a property that cash flows. The market that I am looking at has an average price of $360,000 with an average rent of $2,200 which does not have a very good rent to house price ratio (2% rule...