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A 50 unit MF apartment is currently 90% occupied with rents averaging around 1000. If the cap rate of the area is around 6% and operating expenses are around 40% of the Total Gross Rental Income then what is a rough e...
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Hello everyone. I am about to sell a rental property that will result in 50k-75k in profit. The question I have, which I haven't been able to find a clear answer on, is will I have to pay the 15% tax on gains or 0%. M...
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Hello all. I am a 32 year old construction manager in North East Texas. My wife and I bought our first home 2 years ago and through modest remodel we have added $20k in equity. I have been interested in real estate in...
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I currently wholesale hear in Atlanta but focus mainly on the properties that are under $100k. Are there bigger profit margins in properties at a higher price range and are buyers even considering properties at that ...
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Hi,
In Contract with buyers for short sale... Banks number is way more than contracted price. I still think this is a pretty good deal but I would like a second (third or fourth) opinion.
This home is on Long Isla...
Greetings, First post and excited about networking and learning more about acquiring multi-unit properties in the Bay Area! Prior to nursing, I worked in Marketing. Ready to learn more about the Bay Area market an...
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Hey everyone, I've been reading BP books and following along in the forums trying to learn as much as possible and I'm finally making my first post. I recently graduated college and moved back down to Louisville. I'm ...
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Hello, BP community. My name is Lewis Sharp. I don’t have a real estate background but would love to get started. I recently relocated from Nashville, Tennessee to North Florida. I work as a Nurse Anesthetist but woul...
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Hello guys, I purchased a townhouse last year and planning to take another property this year. Plan is to shift in new home as primary residence and make 1st home as rental. Already my DTI is 43% as per my gross month...
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Hello BP!I was wondering what information experienced investors look for when buying Hotel/motel investments. What information is most important for analyzing these deals? If any investors in this niche could enlighte...