Reid Hanley
Valuing a Mobile Home Park purchase based solely on Rental Income
I need some input from all you BP MHP Pros! I met with a seller yesterday who has an 81 unit all POH Park for sale based on a 7x multiplier of his annual rental income. Would anyone here buy an all POH MHP based sole...
Kiran R.
NNN in QSR - Percentage Rent Lease vs 5 yearly increases
Hello I am just getting started in NNN investment, and mainly looking at national brand tenants in Quick Service Restaurants(QSR). Comparing two deals - with almost same price point #1. no rent increases but Percenta...
Nainish Dalal
Sponsor fees in a MFR deal
I am looking at investing in a multi-family residential deal as a passive investor. The paperwork presented to me has the following fee structure for the promotors. Is this standard or am I getting fleeced here?On Ini...
Amy Young
Eviction because of home sale
I recently had some life stuff happen and had to move out of my home. In an effort to keep up with the mortgage so I didn't lose the house I rented it out. I have terrible renters that are a huge pain in my butt and n...
Orlando Goodon
$600k house sold @$175k in 2011, then $70k in 2016 now $500k??
I have see some CRAZY price histories in Zillow. I know you can't trust Zillow, but I suspect this is some sort of red flag? How can a house drop from $178k in 2011 to $69k in 2016, then in 2020 jump to $500? Is this ...
Antony Nguyen
BRRRSR strategy - not a typo - sanity check and tax implications
Hi Everyone!This post is 2 questions in one, if it's suggested I post these separately let me know!First off is my investment strategy. I have some capital to work with and can buy residential properties with cash. ...
Michael O'Connell
Job determine what kinds of financing you can receive?
Hello BP, Im brand new to BP and REI.I am currently in sales and looking for jobs, although my main focus is real estate. Does the type of income or way I'm taxed effect what kind of loans I can receive. For example d...
Stephan Haas
HOW WOULD YOU FIGURE VALUE BASED ON INCOME PRODUCED
I am seeing lots of 1-4 units that are up for sale, what is a way to figure their value based on the income they produce. Say, gross $1250 monthly....whats the value of the investment?
Austin Davis
Correct way to evaluate a 4-plex?
I purchased my first properties off market not too long ago and pretty much made up my own way to evaluate them. Probably not the best decision as a newbie, but I think I did OK. I made a spreadsheet that subtracts ...
Andrew Underwood
Can I depreciate my house turned rental at current market value?
We are looking for a new primary residence, and want to turn our house into a rental. Can I depreciate our house based on current values instead of the original sales price 12 years ago? Do I need to get it appraised ...