Hi I am Keith C.

I think it is fair to say that the 50% rule is a much better guideline than 45% because (a) it is easier to use in mental calculations, (b) it is more conservative and (c) it seems to have worked for so many successful BP investors.I consider myself fairly financially sophisticated but I would not second-guess the numbers that numerous investors have claimed from real experience managing MFDs because I do not have real-world experience managing a portfolio of apartment complexes.

If you are going to be the only member of the LLC, then you will have a SMLLC (single member LLC) and it will be disregarded for federal tax purposes and that means that you will not file a 1065, but include it on your Sched C/E (just like if you owned it in your own name).

Have a attorney review you docs for accurancy since if your trust or beneficiary agreements are not updated you could very well have a dry trust which means it is not a trust at all..Another point I would try to hold your beneficial interest as an corporate entity such as an LLC or C corp whatever company structure you are operating under since this provides very prudent asset protection and no legal advice intended.If I can help further feel free to contact me my info is in mysignature file and good luck on your LT deal.

Common commercial loan configurations: a. 100 CLTV (OO-NO DOC)b. 97 LTV (if OO-FULL DOC)c. 95 CLTV (if NOO-FULL DOC)d.

I refuse to use it.Also, I highly recommend hot keys.For example,Apple - Delete(sends a file to trash)apple - c(copy)apple - v(paste)apple - x(cut)F keys for volume and monitor settings.There are hot keys for many other things.in firefoxapple - t(new tab)

If I want to net $100 per unit per month, shouldn't I really shoot for $125 b/c of these other expenses?

it doesn't matter if i'm working on my business or picking up groceries for my mother or shopping for things for my wife or helping a stranger in the street - FOR ME - it's about P R O D U C T I V I T Ydepression is a matter of the mind.

Tax Benefits: There are several to include but not limited to:- Mortgage Interest Paid- Property Tax Deduction- Prepaid interest paid at settlement (for the tax year after purchase)- The cost of discount points (same as above)- Certain selling expenses (when you sell the property)- Any seller concessions (same as above)- Capital gains deferment (1031)- Proceeds from cash out refinance in some cases are tax freeI suggest that you speak to a CPA before you decide to purchase your first home and/or investment property...c.

This is why using riskier calculation factors (like .4 or .45) is a bad idea.Net operating income: NOI = GR - ENet operating income is what you have left after expenses have been deducted.Debt Service (mortgage): DS = $1000Debt service is the name investors use for the mortgage payment.Cash flow: C = NOI - DSCash flow is what is left after the debt service has been deducted from the net operating income.