Rick Reed
Looking for feedback on handling HOA/water/trash
I'm looking to purchase my first rental and just found out that the HOA dues are $165 month. BUT, that amount covers exterior maintenance, water, and trash pickup. The property is a townhouse.
If I include th...
Josh Brimhall
Short term rental cost to operate
We are looking to buy pur first rental in the few months. We plan to do short term rentals. When looking for the property how much of a margin to you need to be profitable (mortgage vs cash flow). What is your typical...
Tyler Smith
Financing the initial BRRRR with a conventional loan?
If you have a bank that will loan on your BRRRR and then refinance through the same bank. Is it worth paying the closing cost twice, with the other fees?? Or is it better to get hardmoney?
James Mackenzie
Commercial loan costs after not closing
This is my first time dealing with a commercial loan for a property that I was going to buy. Due to the appraisal and other factors, I had to terminate the deal.However, after a week, the bank that I was using is send...
Jeffrey Boyce
Good ROI for house flip?
Hi BP Cleveland,Wanted to know what are generally good returns on house flip? Also, here are the things that I'm factoring in the flip costs, please let me know if i'm missing anything:Purchase priceRenovation costsRe...
Peter Mihelich
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hello All,Peter Piper here. I am new to real estate investing. I currently work in the restaurant indu...
Adam Juodis
What % of rent is a safe estimate for Vacancy/Capex/MGMT/repairs?
I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
Anthony Butcher
looking for help on a Wholesale Deal
Hi,Looking for some advise on doing my first wholesale deal.I've come across a house where the owner is deceased. The house is going to be selling for 300k Houses in that area selling for 325k -350kHouse is out dated ...
John West
What are your expenses in a small mobile home park
40 - 50% depending on the age and shape of the park. This is what I hear from podcasts, but what do these expenses consist of? I can think of property management, plowing (in the colder climates), mowing, capex.... an...
Tony Thomas
Industry Standards for Property Analysis
What are some industry standards that I can apply to these areas when evaluating properties?
Variable expenses
Vacancy
Maintenance
CapEx
Management fees