Jesse Unrath
Has anyone seen this calculation?
I was talking to a real estate agent about rental properties, and i was explaining when im analyzing a deal (which is all i have done so far) how i calculate in percentages for vacancy’s, repairs, cap ex etc. They sai...
Jim Halpert
Amazing deal offered .But should I hold ?
So I purchased a home pre covid that was going to be a full rehab . Purchase price of 68k. Rehab costs 50k. Let’s call it 130k all in. Just received an offer on my home for 260k. That’s 130k profit . Without including...
Mohammad Nur
Simple rental property depreciation.
I bought a rental property for 220 K last year. From my tax assessment, 80% of the value was assigned to the building and 20% of the value was assigned to the land. So, based on my understanding, I can only depreciate...
Jonathan Perez
Duplex near downtown analysis correct me if I'm wrong.
So I have 2 duplexes near downtown that I'm interested in. I'll do them both in separate posts but here's the first one.
FINANCING WITH FHA
3.5% down
Interest rate at 3.75%
30 year
*********************
2 bed ...
Ryan Robbins
Deal / Entity Structuring Tips- Family partnership, Non-Arms Length Transaction
Good afternoon everyone,
I am looking for some general advice regarding structuring a deal that my brother-in-law and I are working on. This is our first deal, and we'll be purchasing the property below market value...
Lizina Green
How to custom renovate
I am mid-way into a reno flip when a buyer states they want to purchase the property at asking but they want to pick the finishes? I did lower the purchase for them to take the house As-Is and they could finish it but...
Jeffrey Tabares
Has anyone rehabbed a 9 bed 3 bath SFR?
I am currently evaluating on purchasing a 9 bed 3 bath (2173 sqft) Single Family Residence. It was previously zoned as a duplex and can be rezoned as a duplex. - Purchase price 85K- Estimated rehab cost - 40K - 47KWhi...
Stephen R.
CT Sales and Use Tax
I registered my real estate investing business with the CT Department of Revenue Services and the questionnaire mandated I apply for a Sales & Use tax permit. I have a C corp and hire a CG, to whom I issue a 1099 ...
Tai DeSa
Small profit made just as the housing bubble burst
Investment Info:
Single-family residence fix & flip investment in Saylorsburg.
Purchase price: $200,000
Cash invested: $215,000
Sale price: $225,000
This was a quick fix and flip. Ultimately...
Lynn Nguyen
Buying a 2 condo package deal to ‘house hack’?
Hello! BP newbie here. I am moving from to a new state in a couple months and have been considering purchasing a home to house hack as my first jump into real estate investing. Currently reading The Househacking Stra...