How are y’all calculating your projected maintenance expenses for BRRRR properties?I know the rule of thumb for a traditional rental is 40-50% all in expenses (vacancy, prop mgmt, taxes, ins, repairs, CapEx, etc)..But...
Hello community,We have several short-mid term rentals in NC. In one of our units, the HOA started pressing - asking that we stop doing that since their rules say no short-term rentals (there is no minimum set of days...
Hey! What are your tips, trick and/or apps when you are doing a quick construction/ re-hab estimate? Obviously we will get a real estimate from a GC if the deal seems to make sense. What I'm asking for here, is at the...
This year I'm working on two larger land development deals. The smaller of the two is for a 30 unit multifamily townhome project that I'm working on purchasing.
I've built several new construction homes, but I haven...
Hi everyone, I've been listening to the Bigger Pockets podcast for a while and have always wondered what multifamily investors/owners thought about RUBS (ratio utility billing). Anyone have any RUBS or utility billing...
What is the best way to learn the full range of financial terms for simple to complex commercial real estate?What's the best way to learn the language of commercial real estate investing?Thank you
Hi, we're about to buy a house, move in there, and have our current house rented. When I put in the values of our current house in the Rental Calculator, it says "low confidence". I am not really understanding what th...
I’m 50 years old and have been wanting to invest in real estate for quite some time. Finally talked my wife into getting a rental property. My goal is to supplement retirement income and possibly retire a little ear...
Investment Info:
Multi-family 3bd 1ba duplex in 43205 Zipcode Columbus, OH
Asking price: $205,000Renovation Cost: ~$15000
What made you interested in investing in this type of deal?
This is an off market deal, t...
WARNING- I'M ABOUT TO NERD OUT- I think one on the most complex things about multi-family investing is the underwriting . There is many moving parts that needs to be accurate. For example, the market rent comps, rehab...