Nathan Emmert
Expense Rule of Thumb for Single Family Houses?
I understand the tried and true 50% rule (or guideline) for rentals but that is based on apartments, i.e. multifamily dwellings.
What's the rule for single family houses?
I would assume it would be lower as expenses...
Kenton LeVay
Rent By The Room Property Management
Hey BP,I've looked around a bit for property management that is willing to rent by the room but haven't had much luck. This isn't something I ~need~ right now but it is something I'm looking to for scalability. Is any...
Chris L.
Durham, NC and Triangle area-looking to invest
Hi there,I am looking to invest in rental properties in the Durham/Triangle area. Is there a specific area in Durham or elsewhere that you would recommend investing in and is there a specific type of property that wo...
Robin L.
House Hacking Basement Newbie Questions
So we bought a house with a fully finished basement, it's a 2 bed, 1 bath with a full kitchen (fridge, sink, stove) and washer/dryer hook ups with it's own separate entrance and paved parking pad. We're looking into r...
Christopher Olsen
Selling without a realtor
I think they call this a "less than arms length transaction."My brother and I will, hopefully, be selling our inherited house this summer. The neighbor across the street has expressed an interest in purchasing it. He ...
Jason Morgan
Subject To
Good morning BP posters,
I had a question about doing a subject to. How much are typical closing costs when doing a subject to and is it possible to do a lease option first and put in the lease option the selle...
Kennedy Durham
Starting out and could use some advice
Hello, I'm in the Sumter area and have been looking to get into rental investing for a while now. I have an opportunity that has came up and I'm needing help determining if I have a good deal or not.little background...
Paul N.
Could describing *yourself* in a housing ad be considered "descrimination"?
Hi all,
Long time no visit. I have a question regarding posting what might be considered a discriminating ad for my rental. Note that this would be a "share with owner" situation, and not an ad for an apt, or a un...
Brad Fontaine
Looking for input, rent my house out or use the equity
First off, let me clarify that I am a newbie investor. My goals are to build a portfolio of cash-flowing rental properties, and then in 5 years, consolidate to one or 2 multi-family buildings. I just was introduced to...
Adam Britt
Foundation issue advice
Good morning Birmingham investors!
I am new to RE, and as a potential starting point, I am looking at a live-in-flip that may likely have some foundation issues (Bessemer area).
Any recommendations on who I could g...