When you rent out a former primary residence, how do you calculate the cash on cash return? Since the acquisition cost is $0. Or do you use the costs from 10 years ago when you originally bought it? Or the costs to ac...

I purchased this Cave Creek, AZ property in May of 2019 for $280,000.  There was a tenant in-place paying $1475 a month which was a little better than a break even deal with the cash flow being about $100 a month.  Th...

say you bought a house for 100k with a 25% down payment of 25k.if your cash on cash return was 10% or 2,500if the house appreciated the annual average of 3%, thats 3,000 in added equityif your loan was paid down 1750 ...

Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...

First time posting...I'll try to be concise.Found a 3-2-2 listed for 150k. Rental comps are $1600-$1700 month.Assuming full price offer accepted, the plan is to do 20% down (30k) with a 10k rental rehab and assuming $...

Bookkeeping is not a sexy topic to discuss, unless you're an accountant, but having great bookkeeping provides some huge benefits: Tracking Key Performance Indicators (KPIs) to boost profitability or keep more cash in...

This was a 4-unit building neglected by the previous owner, with deferred maintenance and extended vacancy. C+ asset when purchased in a prime B+ location within walking distance to burgeoning “Main St” strip of nume...

Hello BP
I had bought a property in Pittsburgh (15210 zip code), I live in NYC, bought it for cash, my second deal was a few years later when I did a lease purchase in Orlando, To be honest the lease purchase was muc...

So, I have my first property under contract.  I'm excited about it because it offers good potential as either a flip or a rental.  In deciding between the two options I'm wondering:Which strategy has more tax advantag...

We just went under contract on a medium size multi family unit on Patton Rd by Redstone Arsenal and wanted to see if anyone can shed light on the area. Have heard a few negative comments about the area. A lot of multi...