Hey All,I'm new to real estate investing and still trying to learn how to accurately estimate expenses prior to reaching out to a realtor. I have a lot of interest in the Phoenix market, but most of the deals I've loo...
Hello all,
closing this week on a triplex in muskegon, opened up an HSA account, set up an LLC to buy the triplex owned by the HSA , my property manager will manage the triplex. I have a high deductible health insura...
I have a newbie question regarding income for an LLC. If a property grosses a 100k, nets 50k after expenses, and then capitalizes the other 50k in improvements to the property, what is the income that is taxed? 100k?...
What do you guys think? Two 3-family apartment buildings on one lot.
Purchase price $300,000.
Gross rent:$4,800/mo - $57,600/yr
Cleaning and maint: $1,200/yr
Insurance: $3,400/yr
...
My wife and I have purchased a home that we intend to live in while our new construction is being built. I have purchased the home in the name of my LLC and will be living in the home while it is being remodeled.
Wh...
It is no secret that expenses have increased substantially in the recent past. In the last five years, the Seattle region has seen general apartment expenses rise nearly 25%. With expenses steadily increasing, it is ...
I know, I know it will vary based on costs, utilities, taxes and deferred maintenance etc. but is there a rough estimate that you use for back of napkin calculations for NOI as a percentage of the gross rents?
Here are the preliminary number's. 14 Unit Complex. Built in 1980 Roof is 10 years old. 50% of the A/C units are new. Parking lot was resurfaced last year. Exterior was rehabbed in 2011. 11 of 14 units have been rehab...
Attention seasoned multi-family property investors:
To offer or not to offer
100 units
Asking price $8M
60% 12 mos leases
40% monthly leases
Total 97% occupancy
My underwriting with the assumptions of all the avg ex...
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...