Wai Fung
Business Checking Account Setup
If you own multiple short term rentals. How many business checking accounts should I realistically have?
What if you have an umbrella LLC?
What if you have a property management LLC?
David Krulac
Gross Rent Multiplier not to exceed 8
Just read an article today saying that you should NEVER buy any income producing real estate that does not have a Gross Rent Multiplier (GRM) of more than 8.iow, A property renting for $1,250 a month, or $15,000 a yea...
Joey Moon
Low income rental properties.
I am trying to find a good rental in my area and I keep analyzing deals, but the rents in my are for the houses I can afford right now all rent pretty low 600-750. I can't seem to get my expresses low enough for any ...
Brandon Hunsaker
Is the mortgage factored into NOI on the BP Rental Calculator?
I was using the BP Rental Calculator to analyze an owner occupied rental property. My NOI came out much higher than I expected. I noticed that when I calculated the numbers manually I could get the same NOI if I lef...
Bob Stein
Property Management taxes
Hi. I have a small property management company. The tenants pay the rent to my company, the company pays all expenses and repairs and then gives the owner their cut minus the commission. For example, yearly rent is 1...
Jarred Tate
How does this duplex deal sound?
Good Day to All,My name is Tate and I currently reside in Corpus Christi, TX. This is my second time posting on BP. My wife and I are getting ready to purchase a duplex. Side A is 3/2.5 and side B is 2/2. There is a c...
Miles Stanley
Dilemma: Accounting for CapEx
OK, I know this has been beaten to death on multiple posts and podcasts but I'm still having trouble figuring out the best way to account for CapEx figure. Don't pounce just yet..hear me out! This is probably analys...
Kyle Winston
House Hacking in an Expensive City
Hey everyone, I am new to the BP Forums, but have been listening to the pods for a while now. I'm 23 and live in Chicago and am want to buy a duplex/triplex/4-plex to live in and rent out the other units. I have been ...
Eric Schaaf
A Quick House Hacking Question
Hello!I am new to real estate and I am currently saving up for a down payment on a small multifamily to house-hack for a year or two. I am having an issue though, and perhaps it is just that at the time, there are no ...
Andy Scott
Purchasing first place after college
Looking for advice.
I recently finished school (I am 25 years old) and I started working my first full time job earlier this summer. I landed a pretty good job making around 75k a year.
I’m still kicking it with m...