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An 8 unit apartment building recently came on the market in my town for 250k. The monthly rent totals $3600. I figure it would cashflow about $1500 a month. I ran it through the buy and hold calculator and the numb...
Hey everyone,It's Greg again with another deal for review. I used conservative numbers with this one. Please give all the feedback, advice and crisitism you have. I'd love to hear about errors, omissions, unrealistic ...
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Hey BP,I have been researching Lease Options and have been getting mixed reviews on who is responsible for maintenance on the property. Prior to doing research on lease options, I would have said that the Owner/Seller...
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Hi BiggerPocket community! I have my first offer on my first flip. The offer involves a buyer who want to use an FHA loan. Below are some questions I have regarding this offer and FHA loans...1. The Seller agrees to b...
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Talked to my accountant today and he suggested I send 1099's. He said it is unclear what the repeal is all about. So, I went to the IRS to get forms and the lady at the counter said I am a trade or business and need t...
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Just closed on my first house hacking deal (duplex- living on one side and renting the other). I know there are some tax advantages involved (currently my next reading topic). It makes sense to me that opening a sepa...
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Hello BPers,how does one value a MHP on private sewage and/or private water? what expense ratio should i use? also what sort of cap rate should i apply?
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Good afternoon,Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA? I will be self-managing remotely (from NJ). Please note that I have 25 years of experience rentin...
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I'm looking at becoming involved with private lending. I know when someone receives a traditional loan from a financial institution they typically are required to purchase title insurance to protect the lender. Do p...
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BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...