Edgar Perez
Checking references for Property Management Agencies (Questions)
Hey BP,I am looking for property management in my area and have interviewed a few different companies/agencies. I have a couple that I am looking to follow up with and they provided me with a some references. I am w...
Yahav Caine
First deal - estimating maintenance and repair costs
I'm in the middle of a negotiation of my first deal. It's a 1963 multifamily 4plex brick building. Total of approx 3500 sf. This is a low income neighborhood, I'm not sure if some of the tenants are section 8, I'll kn...
Carlao Albertao
Rental income tax - NJ
Hey all. Potentially looking to rent out my 1BR apartment in the near future. Monthly rental of $1,400 is target. And NJ tax forms say that "net rental income" is taxable, just like income from one's job. So my questi...
Raymond Rashid
Apartment Building Analysis 10residential 1 commercial
I have my eyes on a deal in Toronto,Ontario. But I'm not seeing the numbers work. The seller is quite firm on 1.5 million.Gross Income is 98K with two units unrented. Fully rented the income would be about 125-135k.Cu...
Bryan McAlexander
4-plex analysis in rural Virginia
Hey guys. My name is Bryan and this is my first post on Bigger pockets! I listen to the podcast daily, and want to be more active in the forums. I've been studying real-estate investing for about 6 months now. I'm int...
Robert Bolejszo
What are the typical services that a property manager provides in its fee?
It is a bit unclear to me what property managers provide in its fee - does anyone have experience in this area and can share?some specific questions that I have what happens if someone is needed to be evicted? I under...
Jonatas Silva
Apartament complex
I need professional help with my numbers. Is it a good deal or no?I have all the numbers from 2015.Asking price: 1.6M46 unitsGross income yearly:$292,386.88Total Expenses: $120,887.82Estimated Net income: $171,499.06...
Bastian Kneuse
Deal Analysis: Duplex vs. SFH
HI BP Community,How difference is analyzing Duplexes or even Triplexes from SFH? In my mind, maintenance and capex may be higher given the size of the building and the possible higher turnover, hence these two assumpt...
Rachelle Malkoff
Assessing Rental Income Tax For Potential Purchase
My husband and I are looking at some rental property options in the Boston area and using Net Operating Income (NOI) to assess if the properties would cash-flow based off of downpayment, mortgage rate, rent rate, main...
Account Closed
Real Estate Rental Income as written by Kislay Shah CPA
Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...