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would you buy a Rental using the 50/50 rule where Half goes out the mortgage and half goes out to the expenses? is this especially suitable for finished condos?
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Are these numbers good? It's my first rental property. Thoughts? Purchased for 102k, 15k in renovation, 10k down. 92k loan. 4.75 interest rate. Mortgage is about 700ish~Monthly Income:$1,230.00Monthly Expenses:$1,088....
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silly question...i'm installing new entry doors on 20 apartments and am looking for new knobs and deadbolts....i've seen knob and single cyl deadbolts for about $13 per set, but of course they are not a name brand. Tr...
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Hey Bp'ers, Does
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Hey everyone...have focused mostly on existing assets for flips/rentals but curious about the new construction side. For those of you have taken on new construction projects, what are the things that have worked for y...
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Calling all multifamily owners:Are you using an independent CPA or a larger firm?Anyone can recommend a good CPA/Firm with extensive multifamily experience in the DFW area?
Hi BP community. I have read a few posts regarding Lansingburgh and North Central in Troy, New York. A few of these posts are two or three years old. Below are a few questions I wanted to ask to anyone who has recent...
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Investment Info:
Single-family residence fix & flip investment.
Sale price: $242,000
Converted a law office back to a residential home. Required re-zoning and addition of 2 residential bathrooms and ...
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Hello BP family. I just finished a Lakeside Motel renovation on Lake Chautauqua NY and things are going well. I'm looking to connect with people who have experience with this asset class to share ideas, network. I've ...
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I am studying to be a respiratory therapist in my last year and i just finished paying off my student loan. I have been researching and started wholesaling and its proven to be quite difficult over the passed 4 months...