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Hi BP peeps! My name is Leigh and I am a newly minted real estate agent (decided to leave teaching to get int the REI game). I have been living in my condo for about 6 years. Family life circumstances have changed and...
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I've calculated the tenant-occupied vs. owner-occupied ratio and understand that for expenses that are for shared areas, that ratio would be applied at tax time to deduct. However, if it's only for 6 months out of the...
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Are closing costs based on the purchase price? Or simply the rates at which each fee costs? Because 5% estimated closing costs on 150k property versus a 300k property differs substantially.
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $320,000
Cash invested: $171,000
Acquired distressed 6-unit to BRRRR. Fully vacated the building, co...
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I have had this one rental property since 2012. I spent all evening making a spreadsheet in excel and going through all my past statements. I would love it if somebody could take a few moments to make sure I have all ...
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Looking to get into a duplex under $120 in Detroit later this year and am wondering if anyone has worked with any of these realtors or can recommend one. Thanks!Amanda RichardsonAmin RealtyDanny DedicEria CollicaJeff ...
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Hi guys,I'm new her at BP. I'm pretty good with numbers. I want to get to understand the math behind real estate investing. I want to understand all dimensions of the equation from feasibility of a Real Estate investm...
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Hey everyone! I am a young and inspiring entrepreneur. I have been wanting to enter the REI field for a very long time. I just decided to stop college and focus on this. After reading a forum where I learned most inve...
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Hello everyone, I am new to investing and eager to get my first deal. I have recently found a property that seems to be vacant and in distress. I want to make an offer but I do not know if my comparisons are correct...
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What's worse business credit minimum payments or PMI /MPI payments? Is that the same thing MPI and PMI lol? Might be a dumbass question?