Steve Pool
ROI on 250 units
I have a 10 percent interest in a nice apt complex in an upscale part of Milwaukee. We have run 97% occupancy for several years and so have competing properties. It is in great shape. Our property manager has suggeste...
Michael Cole
Value Increase of Building
I’ve been renovating a 16 unit apartment in Pittsburgh for the past 6 months and things are going well. I’m renovating individual units (kitchen/bath/flooring/some painting) and I’m able to increase rents $150-$300 pe...
Richard A.
Search needs improvements
Hi BP fam!The search function NEEDS to be improved. We're spending multiple clicks to sort through an immense volume of information. This might have been OK when BP first started and had very little information. But, ...
Jon Loca
Tax Question in regards to property Improvements
I have a rental property that I purchased in October 2015. I have been and continue to rehab it, in other words I've never tried to rent the property. My question is if I can take my improvements and maintenance costs...
Adam Conrad
When doing a 1031 Exchange, how do I calculate CoC Return
If Cash on Cash Return is...CoCR = (Rent - Operating Expenses - Loan Payments) / (Down Payment + Closing Costs + Renovations)And I'm using a 1031 Exchange to upgrade from one property to the next, does that mean my Do...
Travis Mills
Analysis of prospective buildings
Hi, I have been reading through the information on BP and have a learned a lot. I have 4 buildings and am in the market for some new ones. I have been buying up to this point largely on whether I can fix up an old ...
Joe Au
Claim business expenses when filing tax
Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?
Scott Buckner
17 - unit building, am I doing math correct? Too good to be true
Ok I am looking at a 17-unit complex in Texas. Total Cashflow $7870 per month 100% occupiedMonthly expenses including - loan, taxes, insurance, management fee, utilities, - $5200Net return per month - $2670This would...
Cordell Huebsch
Help with financing a laundromat
Merry Christmas my friends. I am looking at a laundromat that is on a very valuable piece of property. First option would be to buy and hold it as is and use the proceeds from the laundromat to pay for the property....
Nate Gelinas
Looking for someone to check my numbers.
Hello, I just finished reading Gallinelli's book on cash flow and other financial measures. I am not considering this property as a purchase; just looking to put some of the basic metrics taught in the book in my own ...