Joe Colasuonno
Single Family Rentals at 24-32% Cap Rates
20 December 2012 | 17 replies
E's (and ongoing monitoring), is time consuming and costly.
Mitch Monmouth
Cash strategies
21 December 2012 | 5 replies
E)Use wholesalers, since, unlike realtors, their reputations and livelyhoods depend on maximizing cash investor profits.
Account Closed
Pittsburgh, PA multifamily investors
7 February 2013 | 10 replies
Kenneth E. - ThanksDerrick Moore - Thanks.
Bryan Hancock
Millionaire Rule 1.49 By Thomas J. Stanley, Ph.D.
22 December 2012 | 8 replies
Yup....California is certainly a casino.
Joshua S.
Hello from Portland!
23 December 2012 | 2 replies
I continued by financial education by reading some more of Kiyosaki's books, Think and Grow Rich, Good to Great, The E Myth, How to Win Friends and Influence people, and a bunch of others.
Eric Thomson
Questions About Purchasing First MFH
2 January 2013 | 4 replies
.* Schedule E's for 2-3 years, compute true economic vacancy rate (actual rents divided by potential rent)* P&L report for prior year and current YTD, including amounts spent on capital (depreciable) items.* Current rent roll, lease start/expiration dates, sec deposits, past due amounts, copies of leases* Statements from tenants: rent amt and expiration date, security deposit amt, who pays utilities, any "understanding" with the landlord that they claim to have* List of capital improvements made past few years* Call utility company to validate amounts in past 12 mths* Call three independent agents to get insurance quotes* Look at at least one sample unit prior to making offer; look at rest when offer is accepted
Shanequa J.
When is the interest paid reported
31 December 2012 | 2 replies
,Credit card interest You will report that simply as an interest expense on Schedule E except when paid before placed in service.