Don Nelson
First Large Multi-Family - Analysis Help?
4 July 2018 | 13 replies
- TOTAL OPERATING EXPENSES: $522K, NOI: $445K, Debt Service: $240K, CASH FLOW: $200/door/month.So...this is based on potential rents which means I will have a year or two of transition and potential CAPEX expenses.
Julio Soto
new idea on rental family home
3 July 2018 | 2 replies
They are giving 2 options one the agency finds their housing and they don't get housing stipends or they find their own housing and keep the difference of their stipends.most nurses do travel for the money I know this because I though about doing it but had trouble with finding housing for 13 weeks.now my idea is simple I live in a area where there are 2 hospitals I work for one of them.
Steve Wilson
Evaluating a Syndication Opportunity
8 July 2018 | 17 replies
As easy as this sounds, it's not simple and usually like pulling teeth.
Susan Parker
Tenant replaced/removed appliances/stove / Berkeley, California
3 July 2018 | 2 replies
Material breach of rental agreement is easy to proof; however, it is something that can be fixed with reasonable effort or expense, while keeping the contract in effect, it's less likely to be material.I am aware that the California eviction process is simple, however it certainly becomes complicated once the tenant decides to challenge the eviction.Any insight would be greatly appreciated.
Bruce Scannell
Multi family financing/appraisal help!
6 July 2018 | 12 replies
We have raised the income by over 10% and slashed the operational expenses.
Danny Frye
How do I make this deal happen
3 July 2018 | 3 replies
I have an LLC, but have not field for my tax ID yet (operating agreement is in the mail).
Justin Hochleutner
New to REI from Newark, California
5 November 2018 | 4 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
Derrick Gordon
Only received 6 Months of Rent & Expenses for deal analyzation.
5 July 2018 | 9 replies
Derrick,There could be a couple of reasons for this;- Current owner purchased via taxes / distress / etc. and received no operating information.
Austin Hendrickson
Opportunity Zones - new potential PERMANENT tax savings?
8 September 2019 | 59 replies
Other items to consider:- Income or loss from operations in an OZ is taxed normally- An OZ is a lower income census tract designated by each states Governor.
Carla M Richardson
Assignment of Contract/ Purchase-Sale Contract
5 July 2018 | 1 reply
Then the Assignment of Sale Contract is delivered to the title company together with the Purchase Contract.I am not sure what Purchase Contract you use, but keep it simple, no more than 2 pages.