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6 February 2025 | 3 replies
Hello everyone , can someone share what I could use as the square footage multiplier for a medium and heavy rehab in Fairfield county, CT ?
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14 February 2025 | 1 reply
The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value) = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?
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14 February 2025 | 42 replies
I don't want to have to paint an entire wall (multiplied by the number of walls that have had nails in them) every time a tenant moves out.
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5 February 2025 | 5 replies
lets call it 15% allocating for closing costs.Appreciation multiplier due to leverage 20X if not counting closing costs.
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6 February 2025 | 9 replies
It's more about how to multiply the number of homes producing that cashflow.Bless
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16 February 2025 | 17 replies
So you multiply that and well your turn overs are going to be costly.
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27 January 2025 | 4 replies
Anything bigger or in a nice area, could multiply that amount.
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10 February 2025 | 11 replies
Multiply that by 8 properties and that adds up quicklyAt this point I've amassed around $150k in debt, I'm spending hours a day trying to find large multifamily properties with nothing to show for it and the whole passive income dream I was sold seems to be a huge lie.
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22 January 2025 | 8 replies
If you are writing off the building, then your would multiply the cost by how much your using for business vs. personal use.
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14 February 2025 | 25 replies
See if you can get a historical expenditure for this utility and take that yearly cost and divide it by the total SF of all units to get a per SF cost of gas for the building, then multiply by the SF of each unit for a monthly cost for each of the 4 units, themselves.