Got off the with owner of the property ( which happens to be out of town owner) place is a mess code violations grass pass my waste and roof got holes/ sunk in ( major water damage.I believe this house would have to b...

How should i evaluate this potential investment or better yet what should i offer to make it a good investment.

2 legal unit multifamily in a B area. Listed at 295K as a short sale bank approved.

getting 1300/month...

Good afternoon, BP.Let's say you want an applicant's monthly income to be at least 3X the monthly rent. A) If the applicant is an employee, would you just subtract the average expenses found on the bank statements fro...

Property comps for $2.4 million. The market was extremely cold in this area (taking properties up to 3 years to sell) until lately where now, these properties are taking 3 to 6 months to sell on average. Seller wa...

When calculating 7% for Cap X and 5% for vacancies do I get that number off of the total rental income  per month or per year or before or after expenses?

I currently own and live in a 3 family, and am interested in acquiring another 2-3 family this year as investment. My family is also passively on the market looking for a SFH for us to live in, or land to build our h...

Hello Would the capital gains tax happen on the amount after the mortgage is paid off and subtracted the initial invested fund? For example, if a property was purchased for $100k and mortgage $70k and invested $10k pl...

Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...

Hi,
If the yearly depreciation is less than the Income minus all other expenses,  do we need to start paying taxes on the left over income?
example : 
Net Income : Rent - (mortgage+insurance+tax+expenses) = $7,500 ...

I am a new at this and I am going to see a fourplex that is an REO vacant and need a lot of TLC. I need to calculate the value of the fourplex. Can someone tell me which formula I need to use. Thanks in advance for yo...