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9 April 2020 | 13 replies
I profit $350,000 and use up the rest of my Carry Forward Deductions.
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27 February 2020 | 2 replies
As you mentioned, you would live in 1 of the unit and rent the rest out.
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27 February 2020 | 23 replies
Mold grows deep, don’t trim it off the cheese in your refrigerator and eat the rest that looks fine.
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27 February 2020 | 2 replies
What if I leave a couple of days prior to closing and I don't "officially" own the home at the time that I start the trip?
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27 February 2020 | 0 replies
If you BiggerPockets user are considering or have a client interested in investing in a property that allows you a few days/months off, and to make a profit the rest of the time, the touristic Playa del Carmen in Riviera Maya is a perfect option.
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28 February 2020 | 6 replies
They have done many deals and rest assured, the bank trusts them, and you know there is at least some level of underwriting by the bank.
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27 February 2020 | 10 replies
If the property is generating 10% CoC and cash flow remains relatively the same after the refi, returns on the remaining equity in the deal should be high enough to give you that 50/50 split for the rest of the hold period.
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27 February 2020 | 1 reply
As far as the rest of your analysis:Bump CapEx and repairs to 15% combined.Management will likely be 10-12%.I figure you could cash flow about $370/month, which is pretty good in the abstract.
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29 February 2020 | 19 replies
The rest will just fall into place.
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1 March 2020 | 26 replies
It would probably help your case to get official statements from your neighbors.