Tom Zarro
Air and heat in a fourplex that I pay electrical
HiI pay for all utilities in a recovery home in multiple four plexes. I have covers on the thermostats but the tenants find ways to get in them and raise heat and lower air conditioning in the summer. I’m in Vegas....
Kayla Boyer
Am I stupid for doing this?
Hi everyone and thanks in advance for reading my very first post. I’m excited to become more active on here and learn from you all. So here it goes...
I’ve been renting a 3 br 1 bath house in Concord, NH for $1350/...
Steve S.
Tax question on rental income
I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
Adam Philpot
Bid Accepted! Please help!
Evening BP Family,
I need you help. I just want a bid on my first mobile home park. I got it for 415k just outside Huntsville in Toney,AL.
Here is what I know:
33 pads all renter owned
5 could still be developed
$...
Randall Degges
How to Handle Business Banking / Bookkeeping?
Hi there!I'm a new REI and am closing on my first rental property (a SFH) today. I'm also closing on another in a few weeks. I'm planning to acquire 20 properties over the next year and a half or so and have funds set...
Peter Kim
Cap Rate Dummified for commercial property
Just to clarify, in the absolute simplest form, cap rate essential means % return on investment per year. So if it is a cap rate of 3%, you can expect a 3% return on investment per year?If "yes" is this something you ...
Joe Cisneros
"Cash back at closing from developers"
Hey All,
I'm trying to get started in investing and, since I have a full time career that I enjoy and pays me well, I'm not really looking to have REI be my new full timer.
I've seen various deals that all sound fai...
Kyle Curtin
Factoring utilities into a duplex analysis
Good morning everyone! I am running all of the numbers on the first positive cashflowing duplex property I found on Zillow. I got to the utilities, and found the town rates for sewer and electrical, but how does ...
Patrick Rowe
Need Advice on this deal
I have opportunity to purchase a single family 3BR 1.5 BA 1610 Living area with a tenant already their paying $900 per month. The asking price is $65,000 for the property. I have a banker that will do a 100 percent fi...
Chad Walsworth
8 unit complex returns
I am looking at my 1st multi family deal (8 units) The sales price is 430,000 with a NOI of 36k......I am figuring 5000 unit in rehab, figured into the loan amount. Net cash flow is 12,847 with a cash on cash return...