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...
Are fix and flip investors finding many deals that meet the 70% rule?I come across many profitable flips but very fee meet 70% of arv minud repais and holding cost rules?
Hello all:I am currently looking into a second rental investment and was wondering if anyone can throw in their two cents about the pros and cons about buying a condo for a rental. Firsthand experience or not, any inf...
Hi Everyone, Before I introduce myself: a big thanks to BiggerPockets and the podcast, it has been a great source of real helpful information as well as entertainment, it has turned up the voltage on my dimmed real es...
Hey BP,I’m looking at a couple properties in Houston TX. They are flood damaged.... home has been stripped down to studs.... In this type of situation what would rehab costs generally be? This would be my 1st rehab I ...
Hey guys. My name is Carlos Bennerman and I am from Fayetteville, NC but currently reside in Morrisville, NC. I am looking to start my real estate investment journey, in effort to achieve financial freedom. I am a psy...
My questions is as follow:
Would many investors go for a newer (built in the last 5-8 years) REO house that does not need much repairs and could still make a profit?
Also
What about a more expensive REO in the upp...
Hello Friends at BiggerPockets,
I'm about to close on my first property and am exploring different property management software. I'm kind of overwhelmed by the number of features they offer. So my question is...
I could use some advice as to how people do repair estimates. i go by the 10,20,30 per sqft depending on condition of house? is this a good method? i would appreciate if there are better methods.
has anyone rehabbed and flipped a house from out of state? I.E. You live in Ca but the home is in Tx?
What was your experience?
What costs did you incur?
Did you trust your contractor?