Just started analyzing deals on the BP calculator. When it comes to % on expenses such as vacancy rates, Capital exp, repairs/maintenance etc....should I always run high % for worst case in order to be safe? The range...
I purchased my first rental property at the end of April. It was a 1400 sq ft property in Cleveland Heights,OH that I purchased for 60k, it needed cosmetic work but market rent in the area was about $1100-$1150 for a...
We're in DC renting a 100 year old row house. Everything works but it has plenty of quirks and flaws in the plaster and trim and flooring. We were going to bring a camera and let the tenant take pics of whatever she...
I have been wondering what would be a better strategy, making two extra mortgage payments/ year or using that money elsewhere. I'm going to use a basic mortgage calculator for the doing the math on this example.If I h...
I am 19 years old with zero experience in real estate but I gained some knowledge from these forms , Anyways I have a single mother and we are selling our house in upstate newyork and Moving to Jacksonville FL , and W...
Hi BP!
I was wondering if anyone here has tried creative ways to get your tenants to maintain your property well and to also retain good tenants.
I was thinking about setting up a point system sim...
H,I'm hoping to find get some advice on a this deal I'm looking at in the Chicago, IL area. It would be my first deal and want to make sure that I make the right decision before I acquire it. My investing goal is to ...
Hi,My parents own an acre lot, vacant, in Wake County. All neighbors have various sizes and ages of houses. There's not much conformity.Knowing the final decision is theirs, at the very least I'd like them to make an ...
im curious what is the difference between these 2 IRA in regarding property investment under IRA rule?here are many custodian who would open the account for you. the problem i know is the fee/ mainteance charge fro...
Hi everyone! I need your help to figure something out.@John Fedro says that mobile homes on land are an entirely different animal. Unfortunately, I'm having a hard time finding out exactly how to capture that animal.I...