Hi, I am currently listing a 3 bedroom, one bath home I own myself in the state of Kansas.  I have all qualifications for potential tenants listed in ad such as 620 credit score needed, time at work one year or more, ...

I have a quick question. When screening prospective tenants we look for an income at least 3x the rent amount. So for example if we charge 4k for a house that means they have to make at least 12k to qualify. Now my qu...

How to calculate holding during rehab? what is the formula to holding cost in a rehab? 

Things I learned getting into a deal that needs a lot of work:1.) Lowes, and Home Depot SUCK at getting you appliances, installation, and doing things on time. Instead ask for references of local appliances or go in ...

Hello BP Fam,I’m curious to hear what rule of thumb  people use to budget the cost of insurance for small multifamily. Let’s say less then 15 units down to a duplex or quadplex.Michael

Scenario is that you're trying to calculate a potential buyer's monthly payment to you at various interest rates. Easy enough to derive PI from that, but how do you find TI (taxes, insurance)? - My theory of taxes for...

Hello,How do you get rough estimates on repairs of a property? I know there are light, medium, and heavy figures that you can multiply by the square footage to get a ball park number. Just curious to see how others ge...

Hi BP, I'm relatively new to the site and I'm going to start off with a quick question... How would I find out the county appraised value of a multi unit I'm looking at? I looked at the county assessor site but the as...

Investment Info:

Townhouse fix & flip investment.

Purchase price: $140,000

Cash invested: $210,000

Sale price: $302,000

Revitalized a challenging 4-bedroom townhouse plagued by extreme distre...

Hi I really need help understanding the formula for calculating the max allowable offer.  There one thing I don't understand from the formulas I've seen online.  Please help DM me if you want.