Kim Handelman
HELP! Newbie! First lead is getting complicated!
Hey all,After two mailings I have my first live lead and am going to see the condo tomorrow. Been doing some investigation because the owner is being tight lipped and is pretty emotional. Found out that her mother nee...
Ross K.
Critique my Rehab SOW
First, sorry for the long post! I have my first rehab project under contract and having just finished up the @JScott books on this topic, I've used his strategy as a starting point. I've built the below SOW and ...
Dan Slaughter
Cost to demo a house for new construction
How much is a rough estimate to demo an existing house to build new construction? Existing house of a property we are considering needs so much work I think it would be more beneficial to completely demo and rebuild....
Daniel Hoang
Experienced investor just starting out in Detroit
Hi everyone,Used to have another biggerpockets account but i don't remember the login, wasn't too active anyway.I'm an experienced investor looking to test out the Detroit market.My current market is Ohio and buy abou...
Hemang S.
Reasonable percents for repairs, vacancy, and cap-ex
Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
Kurt S.
What tools or data would make your investing better / easier?
I think about data a lot. In fact, it's what I do for a full time job (data scientist). Part of what attracts me to BiggerPockets is the valuing of clear metrics such as COCROI, being careful about estimating potentia...
Bien Nguyen
Clearwater, FL or Murrells Inlett, SC
My husband and I recently launched our STR end of December 2023 near Savannah, GA and are already booked through mid-April 2024 with some bookings in May 2024. Hurray!We are looking for our next STR opportunity and i...
Theo Georgelos
Potential Brrr Opportunity - Need Analysis Help
Hello BP Community. I'm may put it an offer into a SFH that needs work. Looking at the sales price and comps in the area, this might be an opportunity to Brrr it, yet I'm struggling to figure out the calculator to u...
Zachary Gilula
Analysis Question: Keep or sell/1031 an existing rental
We bought a rental for cash about 8 years ago and it's cash flowed very well. I'm trying to evaluate if we should keep the property or sell it/1031 exchange into another investment, but I'm struggling to figure out ho...
Katie Caldwell
Multi-Unit Opportunity - Money Pit or Gold Mine?
Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...