Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...
I am purchasing a 1970's SFH locally in Minnesota as a long term rental that has new siding, windows, roof, and a new kitchen, but has a Lennox furnace from 1999, and a window AC unit on the main level. Both are stil...
Hello,How much does it typically cost painting an entire apartment that is 1300 square ft. I will appreciate if someone can give me a ballpark with and without ceiling.Thanks
I was recently reading a Biggerpockets book on investing in rental property and I saw an interesting chart in the book about an estimate of typical CAPEX for a property. Curious if you think these #s are accurate I fe...
After searching for MFH for a while, i feel like i may be onto something. I am looking to house hack a triplex in pittsburgh. Some points to note before i bring up the numbers:- For analysing, i considered it as if i ...
I've been ramping up marketing significantly over the past few months and now I'm starting to directly compete with some of the major wholesalers and flippers in the Central PA market.
I keep getting feedback from se...
Someone out there please give me some advice about the HELOC I took on my primary to buy my STR. It’s at a variable rate and just keeps rising. We owe 178k and the interest only payment is $1455 this month. We have on...
At present I own one rental property in Florida that cash-flows about $450/month. I recently flipped a property in North Carolina that netted me about $25k. I'll be moving to Philadelphia in three months and would l...
I am in process of putting together an offer for a multi unit property in the seacoast area of NH. I currently own 1/2 the building and another party owns the other 1/2 which I am looking to acquire. I would like to...
Hello Bought a single family residence from a full service company that rehabs houses and then manages. In the course of responding to an emergency call from the tenant this week, property manager discovered co-tena...