Jennie Jones
Operating expenses for good deals
My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...
Henry Escobar
Lawn maintenance fees on a Rental property ?
Hello BP!I'm in the process of house hacking into another property and making my current primary home a rental. My agent says my 2200 sq ft home can rent for $21 to $2300 monthly.. Now my question is , should I ...
David De La Torre
Cash Flow or Equity?
Hello Investors!I currently am almost done rehabbing my first out-of-state property in Cleveland, Ohio. My exit strategies are to either rent or sell, as I see both options being profitable. I'm currently 23 and I'm p...
Julia Hwang
Question re construction cost terms
Apologies first for such amateur question: in new developments, when construction companies quote construction cost for "$ X/sf", is this number usually "the total construction cost divided by living square foot ONLY"...
Amenity Applewhite
Build ADU condo to rent or sell in East Austin, TX
We have a property in Central East Austin — very accessible to Downtown, UT, and the new Dell Medical School. We've owned the property for 15 years and recently paid off our mortgage completely. The original 2br house...
Robert Y.
do I consider 1031 from my 4.9 m $ property in Los Angeles
I'm a 63 year old doctor and a student of BP and RE investing but little practice. My investments have been acquired and managed by my buddy my accountant, who has 250 doors. I have a 20 unit multifamily near the Pasa...
Account Closed
Buying near a University
Hi all,I'm new to REI and I am considering purchasing a multifamily property with an FHA loan. I am not sure what location I should be looking in, but there is a local university here. What would be a better investmen...
Tanya Randall
Buying a “knockdown “ property
I’m a new wholesaler and I’ve seen properties that I believe would be better knocked down and rebuilt. My problem is I have no idea how much it cost to build a home from the foundation or how to estimate to cost. Any ...
David Moore
Attended a Twin Cities Note Group Last Night
I'm wondering what the general consensus on buying notes is out there. I went to a note subgroup of my local REIA last night, and it seemed like most of the people attending, myself included, had no idea how to acqui...
Pedro Oliva
Does the rent count towards paying off the mortgage?
If I get a property under a land contract say for $100k and the monthly payment is $700, will the $700 payment pay down the $100k?