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All Forum Posts by: Renae Charles Atkins

Renae Charles Atkins has started 5 posts and replied 14 times.

Post: 💴 how do I find what properties have sold in my area

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1
Can someone please explain to me how to go about finding how many properties were sold in an area and what types of properties

Post: Poll how much money has BiggerPockets made for you?

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1
40k and All the money I'm going to make Big up for BP

Post: New member from New Orleans, Louisiana

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1

welcome to BP where the debate happens.

what kind of agent are you seller or buyer 

Post: Adjudicated Property Sale in New Orleans

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1

I'm interested in the auction but not ready to buy 

Post: Can you explain 50% accounnt setup

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1

Thanks 

Travis Lloyd

Great info

it gets tricky 

NOI at a 10 cap is 10%return of what you paid

so the higher the cap rate the lower the price 

if NOI is 3'000 at a 10cap purchase price is 300,000

3'000 NOI at a 20 cap is 150,000 purchase price

i hope that help's

from what i have read it's 

Rent roll 

- all expenses 

x cap rate =offer price 

Post: Can you explain 50% accounnt setup

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1

Can someone explain maintenance account and the tax implications.

should i have different accounts for each house?

if i sell a house with a large M.Account what happens?

I'm not asking for specific legal advice just an overview.

Renae Charles Atkins [email protected] 504-235-6979

Can someone explain maintenance account and the tax implications.

should i have different accounts for each house?

if i sell a house with a large M.Account what happens?

I'm not asking for specific legal advice just an overview. 

Post: I want to develop 7 acres of raw land I own in gretna Louisiana

Renae Charles AtkinsPosted
  • Krav Maga instructor
  • Gretna, LA
  • Posts 14
  • Votes 1

Anyone interested in partnering up email me for more info.

Its 7 raw acres in Gretna LA 

I have pic and plans 235 ft of frontage 1545 long and 350 in back

We can fit two 15,000 sf buildings and five 5,000 sf buildings