I'm interested in buying homes/apartments to rent to create long term cash flow.To that end, I'm trying to find/validate good regions/zip codes where you can get 1-2% of the home value in rent. To that end, I've used ...
Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
I am in contract on a fourplex and have four conventional rate quotes that are varying drastically. Background: It will be an owner occupied fourplex, 30 yr fixed rate with 20% down. $400k purchase price. Two brick an...
Hi, I'm new to multi-family rental investing; trying to get my spreadsheets in good shape.
Can someone help me understand: If the 50% rule starts out estimating 50% of gross rent goes to expenses, and folks o...
Hi Team, I am getting started in small MF commercial, residential apartments. I need guidance to understand the settlement process. I have already put in the LOI. If the offer is accepted, I understand that I need to ...
Happy Monday BP! I'm currently looking for my first investment property in Essex county and I'm curious if anyone has properties in either Montclair, Bloomfield, West Orange, etc and wouldn't mind sharing. I came...
Can someone provide a brief outline of a typical structure for deals where one experienced managing partner puts together a deal and takes on a number of investor partners?I ask because I came across a firm offering d...
I live in Boston, and in most foreclosure "auction".. the bank representative shows up at the property and the auction process takes place. The crowd is tiny and it's adminstered/ran by the auctioning company (third p...
This will be our first time buying a house from a auction. So first I am wondering if I can try to contact the owners before the date (which is in 1 week) and try to make a offer by phone. We are in a different state....
Hello,If I am a lender and I foreclose on a property, the property will go into trustee sale. However, I am having trouble finding information on how to assess the true costs of going through the trustee sale. As the ...