Brian Jasinski
Trust Related Tax Question
Question regarding a property held in a irrevocable trust.Home value is $750K, owned outright by the trust - no mortgage.A family member lives in the house, no rent is charged.Meanwhile, the trust is paying for the ma...
Noah Barba
Rental Property Analysis
Hey BiggerPockets friends,I'm looking at a triplex and am trying to estimate my monthly carrying costs for the property. I know my taxes, insurance, mgt payment, and other items like maintenance, cap x and vacancy. Ho...
Joe Smith
park resident manager - necessary? And at what cost?
Is there a size level where a MH Park investor should hire a resident manager?
If I still work a full time job, one where I can't really just leave anytime someone's water line breaks, or complains about a loud nei...
Andre M.
How much do you expect out of your snowbirds on the Gulf Coast?
We just bought a condo on the Gulf Coast, and the old management company has said the same snowbirds come to our unit every year from December 15- March 31.
Their rent covers about 2/3 of our monthly expenses. Obvio...
Ty Ramjohn
Is this a good deal for a firts time owner occupied duplex?
I'm looking at buying my first owner occupied duplex/rental property.Comps = Median Price $149,000.00Duplex 1bld. 2units. 2bd / 2bth 13yrs. old Living area 1,800sqftList Price: $214,000Annual Gross Income: 20,400Annua...
Jason Harper
MHP Deal Analysis Seeking Review
Hello All! This is my first post on bigger pockets. I was wondering if I could get some feedback from seasoned MHP investors on the following potential deal:21 Owner Occupied Lots @ $225-$235 5 Rentals Units @ $295-...
Jeff S.
Deductible or not deductible?
A big surprise! We went to a RE conference in Irvine CA (Think Realty) (I live in Oregon) and the whole thing was rather expensive. It was much like a BP conference with even some of the same experts as the (a few yea...
Chris Mullinax
Which is the most profitable strategy for you?
Which is the most profitable strategy for you in the rental property business:
A: Investing in affordable housing (more units)
B: Investing in more expensive properties (fewer units)
Scott Hraska
Owner occupied rental question -What if the account has no money?
All,In the next few weeks I'll be closing on a 4-family house, and my 1st owner occupied rental property. I read the forums and a few books and understand that keeping business and personal finances seperate is key. I...
Mariama R.
Are taxes to be included as an expense in analyses of cash flow?
Do you usually include property taxes as expenses in your cash flow analysis of a potential property if you are taking out a mortgage on the property and believe that you can count on depreciation?