Colorado investor here just starting to research the area. Curious if you can hit close to the 1% rule in Idaho and where those areas might be. Thanks for your input!
Hi all, Big Ben here in Chattanooga, Tennessee.
I'm about to go under contract on a 5 unit multifam package. 5 houses on 4 land parcels. They gross $2,400 / month. Assumed contract price at $150k.
Looking f...
In Northern Nevada, this is not super common to have sitting on the market. Good deals typically go quickly, and the investors ready to pounce scoop them up. This property was walking distance to the University of Ne...
When looking at property on the Internet most of the time all I see is the price and the cap rate for the property. Is it possible to do a quick analysis with only this information.
Hello Investors-When you are analyzing a deal, do you use the 1% rule? If so, do you add the other costs into that rent amount?For example, if I purchase house for $150k, the 1% rule would be to have the rent at $1,50...
Has anyone ever used a crowdfunding site to raise a large amount of capital for a real estate project? I have looked into some of these sites and most seem legitimate. Does anyone have any insight?
Hello BP,
What are you tax consequences on below situation purchasing property under Checkbook LLC.
Purchased owner financing commercial property with 2 partners (33% ownership each) for $1,250,000 with down payme...
Hi, we totally missed the boat to get a CPA to complete our STRs taxes. We only had one single family home for 3 months in 2021 so I decided to tackle myself. How do I implement the numbers I received from DIY Cost se...
it's a 3-plex in an A area. asking price 233,000 . rents: 1) 1000.00 2) 750.00 3 ) 750.00exp: taxes 6587.00 insurance 1675. water 1,100 . tenants pay all except water.i would put 25% down, leaving me a monthly...
Hi again! Still in hot pursuit of honing in my abilities to analyze properties quickly and test my gut response. I'll reiterate that at this stage I'm not yet ready to jump on any one property, this is purely an educa...