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27 August 2024 | 0 replies
I calculated rent estimates using both BP rental tool and Rentometer.com so the larger side will rent for average $550/month per room.
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29 August 2024 | 10 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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27 August 2024 | 10 replies
Cash flow and taxable income are separate calculations.
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27 August 2024 | 1 reply
Unless they allow future rental income to count towards the DTI calculation.
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27 August 2024 | 2 replies
Did you calculate the value of the time you spent on this?
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27 August 2024 | 16 replies
Put together a spreadsheet using the bigger pockets calculator.
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26 August 2024 | 3 replies
At closing the taxes will be calculated per day and then divided by days remaining in the year at closing.
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28 August 2024 | 31 replies
Some owned are inside ROTH IRA'S so I will never pay or owe ANY tax or capital gains on the profits.Some are 1000% tax free profit, before adding in the accumulated tax free rental income, If you finding better investments, I'd love to hear the details.I tried to use a financial calculator once, it just got real hot and burst into flames.
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27 August 2024 | 8 replies
You can lookup the tax rate on the county assessor website - Make sure you are looking at or calculating the property tax WITHOUT any exemptions (since you’ll not get any as an investor).
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27 August 2024 | 6 replies
One set of screenshots is from an Excel template the other is a biggerpockets calculator.