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Say there is a 4 unit property where each unit is the same size. 3 of the 4 units are occupied the entire year and the remaining unit is vacant the entire year. Total CAM charges are $100,000. Is the proper allocation...
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Hi all, here some background to help setup my question. I'm focused on buy and hold at the moment to build cash flow. I work a full time job and manage 6 units myself. Originally my goal was to buy 1 property every...
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Hi all!So my husband Chad and I are a design/renovation team and I am very near the end of my licensing course to become a real estate agent in New York, and I've have accepted a position with Century 21. We are looki...
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We're selling to another member of the family and neither of us have a full service real estate agent. Is there anyone that can help us and what would this type of service cost?
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Higher prices and interest rates have dramatically shifted the mortgage capacity of buyers in recent months. The average new SFR sold for $360k in April 2020, according to Census Bureau data. In March 2022, that numbe...
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This has been a brutal 30 days, as my stock market accounts are down over $200,000. I do have the dividends still coming in many of my stocks, but I am thankful I have worked for many years to establish stability in r...
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There have been a couple of posts about this in the past but no definitive answers came out of them. My question is why would someone set up an LLC and elect to be taxed as an S Corp instead of just taking the S Corp...
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Thought this was interesting. Virtually everything in the news is saying there is no hope for home ownership, everyone is going to be a renter, etc., but the overall home ownership % nationally vs. renter % is act...
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Looking to purchase my first duplex. What numbers do I specifically look for in “Making the numbers work”? I know enough that if a duplex both side rents a couple hundred dollars over the mortgage than you’re in the g...
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Hello All,This is my first post on BP. I listen to the podcast and love it. I am getting into my first deal this coming summer. My father is a partner in a large oral surgery practice. They are looking at opening a 4t...