Malachi Weary
Negotiating in a Multifamily deal
NONE! Do your homework. A multifamily purchase price is determined by the operation of the asset
Sandra K Shirah
Abandoned Former Gas Station
Investment Info:
Other commercial investment investment in Pineville.
Purchase price: $1,800
Adjacent to VA Hospital and Forestry Service, (corner of Rigolette and Shreveport Hwy), this commercial lot is...
Seth Holmen
Cash purchase to Long-Term Debt. - Illinois
I lost out on a 4-unit building with a conventional financing offer. I need to refine my strategy and provide a stronger "cash" offer on the next one. I have a few ways to pull this off but I don't fully understand th...
Tony G
cap rate clarification
When calculating cap rates, i understand in the article below, ali boone advises us to NOT add the mortgage payment. If this is true, wouldn't the cap rate be 4.5% vs 9.7%?
358 x 12 = 4296 / 94500 = 4.5% (m...
Michael Farinello
Is your rental property a 10? Use 'Cap-Rate' analysis to help maximize your profit
Cap rate, short for capitalization rate, is a metric used to evaluate the performance of an investment property; and is a widely accepted metric in the real estate industry used to compare the potential returns of dif...
Dustin Brown
HELOC using appraised value under 12 months of ownership
Hello Everyone,
I bought a property recently and my appraisal came back higher than my purchase price.
I have spoken to a couple lenders and they are all sayiNg that they can only use the purchase price, not the ap...
Jay Dean
Keep renting or Owner finance
I own a condo free and clear.After repairs, I have about $60,000.00 invested. I can rent the condo for $875.00 and it nets about $200.00 per month.I am weighing to options:Option A - Continue to rent. Net $200.00 pe...
Ed Shin
Calculating Adjusted Cost Basis?
I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...
Pal Sa
Filing taxes: how to determine cost of land for depreciation?
I started renting out my once-primary home in 2022 and doing the taxes for 2022 now. I need some help to do my taxes. I am hoping to do taxes by myself.So I purchased this home a few years ago for a certain price. To ...
Jordan Liles
How to Estimate Rent Cost
I am just starting out and doing research on to hopefully become more familiar with the ins and outs of rental property in my area in eastern NC. One question I did have that I find very relevant and a big determinant...