Alexander Zurn
How much of funds to use with private investor
Hello - I have a bit of a spin on the age old question: To use all of your savings on your first property or not.I have 10k I have saved in 6 months to put towards a property. I have planned to use 5k of my own funds ...
Daisy Chou
Cost of building an ADU in Fremont
My SFH is located on a 11,000 sf lot with 2800 sf living space (single story). We are considering to build an ADU 900 square feet. There are 3 options: 1. detached ADU2. attached ADU 3. internal/conversion ADU that ...
Steven Nitschke
2 family development Milwaukee Wi
Last year I developed a couple of side by side condos, and sold them without much trouble at all. These condos were 1400sq ft with 2 car garages and basements. 2bed 2bath. Building cost was roughly 110/sqft with a gen...
Alex Ferraro
House Hack - Umbrella Insurance
I'm closing on my first househack in late January and have been struggling with the decision of what kind of insurance to get. I know there have been discussion on umbrella policies, but none quite answered my specifi...
Account Closed
I'm new here and trying to understand the 50% rule
For example: i wanted to know if I had rent coming in at $1000 and mortgage is $400, which the rule states that 50% of the income will go to expenses and the other will pay for the mortgage and the reminder will be th...
Chris B.
Help crunching numbers for renting my primary home
I need to post to the New Members introduction forum but thought I would dive in here and ask for some help.My wife and I became accidental landlords in 2008 and honestly have kind of been on cruise control without do...
Jacob Kendall
Hello from Missouri, Young'n lurking for answers.
Hello all, I'm from Hannibal MO. 20 years young, grew up knowing what a honest days work is. I'm not from a family with any money to speak of so I'v always had a dream of having money when I'm an adult. Real estate h...
Al Williamson
Complete List of Tenant Fees
I'm trying to round up all the different types of fees a landlord could charge their residents. This isn't my favorite income idea but there is no doubt collecting fees is a way to prevent more costly mistakes. What's...
Ben Welch
Ontario Markets - First Time Investor
Hello BP Canada,I'm hoping to get some feedback on the community's feelings towards the Ontario market right now and some advice for a prospective first-time investor. I've been researching real estate for about a yea...
Orie Brown
How to Use Sales Comps
Hey everybody, I had some questions about trying to understand how to value a single-family home and a multi-family home using sales comps in the immediate area. I live in and plan to do my investing in the Chicagolan...