Mark Nouveau
What Am I Missing?
This is my first offer on a 3-unit building. This will be a buy and hold for me for equity build-up. Any insight is welcome!
I will have to pay for water -- here in Chicago water is only a couple hundred so I...
Paul Brady
Local bank calculating DTI in a strange way
I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,000...
Kristen Watts
Will tax deductions negatively affect income for loans?
Hello all! Question for you: my accountant says I'm entitled to about $7,000 back on my tax return based on depreciation, expenses, etc. on my three properties (one my own home purchased in 2011 and the other two r...
Frank Fiore Jr
Negative Cash Flow, 2 Family - Advice & Analysis
Negative Cash Flow, 2 Family - Advice & Analysis
Introduction
The following information is a bit painful to post; pride I guess; embarrassment for sure. I will be outlining the details of ...
Raul Ruvalcaba
Real Estate Purchasing Addiction.... When is it too much?
Hey guys!I am 26 yrs old... I think I am an addict to real estate. Last year, I made it my goal to purchase 4 properties in a year.... I only got 3. This year, I have the same goal, I might close a deal next month alr...
Shawn Saylors
Invest or Pay Down Debt?
Hi Everyone, My name is Shawn and I'm new to real estate investing. I am curious your thoughts as to whether it makes more sense to pay down all of my student loans, invest, or a mix of both. Currently, my wife and I ...
Renardon Calhoun
Biggest cost in rental properties.
I looking to get a consensus of what is the top 3 biggest cost for rental properties owners occur on a consistent basis?
Mike Heu
Does this deal make sense?
Hi everyone,
We are currently living in Queens, NYC but are considering a move out of state (getting tired of the winters, high cost of living, need more space for our growing family).
One of the things we are cons...
Gregory Murray
Is this Triplex a good buy?
Hey guys! I’m looking at a unique property in my hometown. It would be my second investment in the area. I own a triplex there. Single family and duplex on the same lot for sale
$420k asking price
Potential rents ar...
Adam M.
Expected IRR on smaller MF value add
Curious as to what IRR you look for in a value add MF. I spent an hour or so building a model with some guestimates. Kinda curious how far off I would be. With no rehab I estimated the IRR to be 12% and w/ rehab 22%.H...