Nicholas Kitchen
GP & LP Investor Payout Math
I'd love for someone to go through some math here. Everything I read talks about the pref and splits and percentages, but I don't know percentages of WHAT? Of the NOI, of the cash the LPs invested? Both? Here is what ...
Matthew Swearingen
ROI or 1% Rule--which is better?
I have a duplex I might purchase and wanted to get thoughts. Its in c+ area. Each side rents for $750---so $1500 each month. Property has been updated. They are asking $159K. I will put 20% down ($31,800). I'm not sur...
Steve Morris
HELOC used for full down payment
Hello I am a new member and loving this site. I am trying to buy my first small multi family income property. I unfortunately don't have the capital for the down payment saved up, but I do have good amount of equity i...
Emma Redfern
Loans for multiple properties
just recently purchased my first multi-family property and I’m looking into buying at least 2 more this year. For financing would it be smart to get loans through my personal or create an LLC? I’m unsure of how having...
Richard Pennington
Multi family investing with an FHA in DC
Young 24 year old getting into a federal job within a year and I wanted some clarity before I moved way ahead of time on using an FHA loan for a Mutli family home, duplex, or even a 4plex. I understand the market in D...
George M.
Credit Utilization Percentage
I'm a novice when it comes to being a landlord. I've taken on the responsibility of self-managing a couple of rental properties I own, previously relying on a property management firm for this task. This time, I decid...
Andrew Yu
Bookkeeping & Tax on Owner Finance Sale
I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are:
Is the journal entry correct? 26K is quite a bit of reven...
Chris Seveney
What Percentage of Buyers will go under who bought with Zero Down?
I continue to see people wanting to get creative today with buying real estate and being creative with no money down because they do not have the $ for a down payment. I was curious to ask what percentage of these buy...
Nader Hachem
Percentages for Deal Analysis in Metro Detroit
Good afternoon BP!I've recently been spending a lot of my time during this quarantine analyzing rental property deals using the BP calculator. My main method is find houses off the MLS and going from there. I usually ...
Matthew Patton
Rental calculator with FHA loans
I am just starting to play with the rental calculator and am wondering if there is a way to factor in the expenses associated with an FHA loan? Without these expenses, all the numbers it gives me are going to be incor...