All Forum Posts by: Jason Ehlert

Gino, thanks for the response. With those capital expenses how much percentage wise would you tell an investror to set aside?

I am learning how to analyze deals currently and saving up for the down payment. When assessing a deal what are the expenses newbies need to know about that many forget?

When looking into Public Records how do you gain access to those? Do I just call the city government and ask about 2-4 unit structures?

I am learning about multi family buy and holds right now and had a question. Is there a way to find out every duplex, triplex or quad in an area and their owner? Just wanting to begin researching the opportunity where I live to begin my planning stage and strategy.

Hey Clay,

Why wouldn't the mortgage payment be included in your calculations? I am just curious why you wouldn't include that as an expense. Can you explain that to me?

Thank you for all of your advice Raffaelle Andriolo you mentioned 100% homestead and to add 35% to cost? Are you just saying with me living there it would remove 1 units income? I would put in money at first to cover that loss of unit possibly was my thought. I just wanted to clarify

Hello BP community,

I am new to investing and have many questions but the one I am currently wrestling with is the fact that I want to understand figuring cash flow.  I have read some books, blog posts, and am just curious.  When collecting rent, is there an average amount you would set aside for "income taxes?"  I know there are many deductions one can take with real estate investing, but is there a rough number based on a $80,000 property that's gross income is $1,675 a month?  There are 4 units and I am just trying to learn to asses a property right now.  So when I am ready I can get a more accurate number when trying to figure cash flow.

Also what is the least amount you would want to make per unit in cash flow before you would deem a property a bad deal?

Thanks Shari thats what I was thinking. But I hope to find a great deal within this area. I live in a more rural area so there's not a ton close. Especially quads. But patience can reveal many hidden properties. Thank you!

I have been reading a lot here on BP but I have many questions for multi family investors.  But my first question is, when starting out and hoping to buy a quad, which I will most likely be doing most of the work on.  How far away would you say my radius for the purchase should be to be managable and not a burden?  What should I be thinking about when looking into building a passive income through multi unit properties?