I have a contractor who reached out to me and wants to partner with me. he wants me to secure the property and pay for the material and the work but wouldn’t that just be me hiring somebody? what should be the percent...
Hello fellow house hackers!This is more of a tax savvy question. I have my primary residence and currently renting out my studio basement. Can I deduct all the expenses (materials from Home Depot) from fixing and upg...
I am loaning money to a company that buys, remodels, and sells homes. I am wanting to structure the deals so that my lender profits are capital gains as opposed to interest. Have I been successful?For example, I loane...
When calculating cash flow, you hear a lot about how much you should budget for various reserves (7% for vacancy, 10% for property management, 5% for cap ex, etc. etc.). My understanding is that you're calculating a p...
Where do you factor in additional costs for property management? Such as for a new lease or renewal? I saw that some property management companies charge 1 months rent or 1/2 months rent for those services? Is that...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey y'all,I think I found an awesome BRRRR deal and I wanted to get your thoughts! I have...
I have decided to jump in the real estate investing game. I have been analyzing about 2-3 "deals" a day for the last 3 days just to practice and understand the data and what it means. To be blunt I do not know what to...
I was wondering if anyone would mind sharing what rates you are getting right now when looking at conventional loans. I'm looking at a triplex for $260k. I'm being quoted 4.75% with a 25% down payment, 30 year term,...
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 ...
Hello, I'm new to BP, but not new to Investing. My question to the group is what ideas do you have to make your offer stand out to a seller. Now that we are competing against retail buyers what can we do? I like ...