What percentage of my rehab budget should be set aside as a cushion. Right now the renovation budget is at 45k and we haven't opened any walls, looked at the roof or the furnace. We know we want to update the kitchen,...
Ok BPers. I said in a post a while back I'd post the numbers on a small apartment complex that I am pursuing. Here they are. Comments are welcome:
Purchase Price: $325,000
Units: 29
Mix: all one bed/bath (one effi...
Hello All, I've been reading on this site for a few months now trying to absorb as much info as I can and I've talked to a few people about wanting to get into real estate. I'd like to eventually get into bu...
Hi Friends,I have a property in Buffalo that I bought in August. My PM informed me that the sewer line from basement to street seems to be broken and is backing up in basement since yesterday. This could be due to he...
I've been looking for my first rental property in Buffalo, NY area and using the rental property analysis tool from this site to do evaluations. I use estimates of 5% vacancy, 5% repair & maintenance and 10% cape...
Hi everyone,
I am working on my first commercial property. I plan on buying it with equity I have in other properties (Heloc) and later refinance to get the my capital out. I am trying to estimate what the property w...
This is my first post. I have one rental that my fiancé use to live in. I’m currently looking at a second.House: 3b1b 1070sf house built in 1940 Listed price: $62500It’s currently rents for $875/month and needs severa...
Hey BP!I apologize in advance since I'm sure this question was asked before but I can't seem to find any clarity. I'm trying extremely hard to acquire my first duplex. It is more than a dream of mine (cheesy, I know)....
My wife and I are close to retirement. We have some money that we're looking to put into RE (about $450-500k) that we can use and rent out the rest of the time. One to be near one of our kids (in Acworth) in the Red T...
Hi BiggerPockets community - I'm in my education phase of real estate investing, and have been working hard to learn the details of financial analysis. I’ve done a fair bit of web research, and am also part to most of...