Jeramey Rogers
Ocean City, MD - STR investment
6 March 2024 | 35 replies
With a Gross Rental Income (GRI) of around 60k, it's no surprise that similar condos in the area have the potential for a healthy return on investment.
Christian Riordan
Selling a Primary Residence when your Parent is on Title
5 March 2024 | 3 replies
My question is when we sale are we able to get the primary residence exclusion and not have to pay taxes on the 85k profit (100k gross-selling costs)?
Andrés Aguilar
Interested in Out-of-State Investing in Oklahoma City
6 March 2024 | 18 replies
The average 10% gross of the rent that PM charges probably represents 30% of the profit (after expenses) on a financed property.
Eric Hipolito
DSCR Loans / Lender Recommendations
6 March 2024 | 13 replies
(Gross rent / PITI(A)) - Hope that helps!
Robert Snowden
Seeking LGBTQ-friendly real estate financial/lending source
6 March 2024 | 9 replies
It was successful since our May 2016 opening with gross revenue growing at about 17%-20% per year except for 2020 when COVID-19 shut us down for several months.
Duarte Marques
Buying a turnkey duplex for section 8?
4 March 2024 | 23 replies
$100k for $2,400/mo gross rents... it's just not likely to happen.
Taylor Nash
Broker-tenant representation (how do you get a commission and who pays you?)
4 March 2024 | 7 replies
It means they are offering 3% of the ENTIRE Gross revenue of the lease.
Joey Keske
MultiFamily in St. Pete
4 March 2024 | 11 replies
Hi Joey, The best advice I can give it to learn the average "Gross Rent Multiplier" for each neighborhood in the area.
Larissa Swank
Moscow ID Duplex - Converting to separate parcels
4 March 2024 | 2 replies
It is a rent by the room home that grosses $4300 monthly.
Keith Hoffman II
W-9 /1099 for contracted work
4 March 2024 | 5 replies
Since its a legit business, this will simply be a labor expense and expenses reduce your AGI(adjusted gross income) which lowers your tax liability.