Hey guys,For those of you who have invested in multifamily syndication or apartments for many years, how much do you keep in reserve for unexpected capital calls in case they occur during an economic downturn or while...
Hi, Im just starting out In BaltImore. Is there a formula for budgeting for preventative maintenance and repairs. I have a 3BR condo to rent. Diana
Hello all,I've been analyzing several deals for small multi family homes and I took a suggestion from a blog post I found for estimating CapEx. The blog suggested putting aside $200 for capital expenditures, which I'v...
Hello Everyone,I am a new real estate investor. I just bought my first short term rental in Pigeon Forge, TN. Things are going great but I have a couple questions on business structure and maximizing tax advantages.Th...
I buy and hold single family rental homes - Terms are standard 20% down.I just started a strategy of increasing my offer price to get some closing fees paid for. For example. If the accepted offer was 50K - I would re...
We are 3 friends who have created an LLC in the state of Florida to invest in residential real estate and mostly turnkey. Next step is to create an operating agreement and we are looking for an attorney with real esta...
Hi Everyone, I'm looking for some insight on how to reduce my taxable income. I already have a Roth IRA (Vanguard), but just recently heard about the backdoor IRA on the money podcast and was wondering if I would have...
My brother and I own together a few LLCs which generate 200k to 300k profit after expenses, per year. These are for commercial real estate we own. We have been passing this profit to ourselves as a K-1 distribution. W...
I'm an experience contractor and home inspector in Eureka, CA. But I don't have a pile of cash to get started. Assuming I can find an investor who wants to partner or invest with me, what would the particulars of that...
When calculating numbers for rental income, what is a fair estimate for repairs/ maintenance? And what is a fair estimate for Cap Ex? Is there a commonly excepted percentage for single family vs multi family?