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14 October 2018 | 3 replies
Hello all,I'm just looking for a little advice and I know that the Bigger Pockets network will have some great stuff for me :) My wife and I just went and looked at a house that is bank owned.
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14 October 2018 | 17 replies
Although I'm a fan of Dave's, he's not for me either (as per his debt ideas).
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11 November 2018 | 1 reply
I recently had my first meeting with a financial group. They advised our team to write a operating agreement, however none of us has ever written one. Where should we look to begin to write one and how should we elect...
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15 November 2018 | 16 replies
I have dealt with tenants that bail early, so I try to get them to show the unit for me when I have a qualified tenant.
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15 October 2018 | 30 replies
That’s pretty boilerplate in MLS forms.
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11 October 2018 | 2 replies
Download PDF Edit Report Discuss in Forums Other Actions $1,500.00 Monthly Income $786.67 Monthly Expenses $713.33 Monthly Cashflow 12.53% Pro Forma Cap $10,024.00 NOI $18,480.00 Total Cash Needed 46.32% Cash on Cash ROI 18.26% Purchase Cap Rate Expenses Income 50% Rule Total operating expenses: $664.67 Mortgage expenses: $122.00 Vacancy: $75.00 Repairs: $75.00 CapEx: $75.00 Insurance: $150.00 Management: $150.00 P&I: $122.00 Property Taxes: $139.67 $54,900 Purchase Price Purchase Closing Costs $2,500.00 Estimated Repairs $5,000.00 Total Project Cost $62,400.00 After Repair Value $80,000.00 Down Payment $10,980.00 Loan Amount $43,920.00 Loan Points $0.00 Amortized Over 30 years Loan Interest Rate Monthly P&I $122.00 Total Cash Needed $18,480.00
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11 October 2018 | 1 reply
She owns the house free and clear.We have a lawyer.I figured this is a great opportunity for me to possibly rehab and cash out refi for leverage to re invest?
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11 October 2018 | 13 replies
You are correct that the tax treatment of Airbnb business (emphasis on "business") is distinct from other forms of real estate investment - and that you should get clarity about that to incorporate into tax planning and investment ROI analysis.
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11 October 2018 | 1 reply
In terms of response rate what is the best form.
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11 October 2018 | 1 reply
In terms of response rate what is the best form.