Hello! I have motivated sellers selling a 3 bd 2 ba modular home, 1500 sq ft. It's located in a once popular oil field town, outskirts of Colorado. The husband got a job 155 miles away and that's the motivation.They r...
Hey everyone!
While on my investment journey I always run into people who talk heavily about a binder or "physical portfolio" on one property or multiple properties. Ive heard of them being used for mortgage brokers...
Hello,I have recently purchased a 38 space mobile home park in the Indianapolis area. Via the research and books I've read I see that it makes sense to submeter the water in this park. Since tenants don't pay for it...
Hi all,I'm evaluating a duplex deal right now in Kansas City, Missouri. It's my first ever multi-family deal, so learning a lot right now.- The broker says that tenants pay gas & electricity, and the owner pays wa...
Good afternoon from Germany! I'm looking for insight on the average monthly utility cost for water, sewage, electricity, internet, and anything else I may have forgotten for a 3 BR, 3.5 BA, with pool, in Sevierville. ...
Hi there,
I'm doing a 30-day deal analsys challenge where I analyze one deal per day. This is my 3rd day :)
Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20...
I have a couple units in the same market. The first unit I got signed with a PM and have been very happy with them. Standard stuff, tenant pays all utilities. Water and Sewer must be in my name, but the tenant is sent...
Hello all: I am curious how your CPA or tax preparer handles these items.Had a conversation with a tax preparer yesterday about replacing a front door. He states he expenses the item that year rather than depreciate i...
My grandfather owns his house free and clear. I've run the idea by him about taking out a HELOC to help me purchase a property and he seems inclined to do it. My question is does the property have to be in my name to ...
Hi,I am trying to dip my feet in the water as a new investor and analyze properties using the calculators on BP but I don't have a general idea of expenses in Milwaukee. In a multi-family home in the Milwaukee area we...