Kyle Bartholomew
Suggestions for grandpa getting rid of office building?
8 December 2020 | 3 replies
So if my math is correct, it would be $700k sales price minus $290k mortgage, so $390k...Take away the step up in basis,it is about $240k taxable sale.I feel very lost on this and would appreciate any options to try and keep this in the family to be able to keep a great cash flowing property alive.
Juvawn Parker
My First Out of State Investment Purchase
8 December 2020 | 1 reply
After doing the math, if I could increase rents to $850.00 a month, my cash on cash would sky rocket closer to 12%.
Beau Brockway
Fixed rates within a company????
8 December 2020 | 0 replies
fixed" It has to be secondary "variable/commercial".
Tryston Erwin
First Deal Analysis Check
9 December 2020 | 5 replies
Math in image below.Any information, tips, connections, or critiques would be greatly appreciated!
Lawrence Harris
Finance Degree for investing in real estate?
11 December 2020 | 24 replies
Most investors have very little grasp of finance concepts and even math in general.
Jay Gibson
Gift of Equity and tax implications
9 December 2020 | 1 reply
If there was a gift tax, you have to do the math to see if the taxes need to be included in your cost basis.
Harry James
How to scale in expensive market?
16 December 2020 | 13 replies
Earlier in May, I posted an article about investing for cash flow in a secondary market.
Ellie Ryan
2% rule, do people really use this?
17 December 2020 | 39 replies
There is no math equation to buying a rental, no matter how often Biggerpockets writes a blog post telling people there is or how hard their push their calculators, books etc.
Martin Brady
Transfer a property with mortgage into an LLC
9 December 2020 | 1 reply
Also make sure your insurance company is aware and names the LLC as a secondary insured.
Steve Kauss
Lenders for buying NNN properties?
11 January 2021 | 13 replies
It seems they often keep these loans on their books and do not need to meet stringent governmental or quasi-governmental guidelines for reselling them on the secondary market.