So, if I am going to be setting up a partnership to purchase a small apartment. My plan is to create an LLC just for the partnership. Any thoughts on setting up partnerships and what to look out for? How does it work...
Lets say i want to buy a 100 unit and i can get it for four million. It makes 400k a year after expenses and the rent is low for the market area. I would raise the rents and reduce the unseciary expenses and i'm think...
A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
Hey everyone, About 18 months ago I attempted to do my first flip but ended up having to keep it as a rental. I was still new and didn’t know anything about bigger pockets so I totally relied upon my real estate agent...
A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
I'm new to REI I only own one duplex at the moment. With my current job I can afford to buy one maybe two rental properties each year. I'm getting ready to buy a Triplex this year.
My plan is to buy 1 or 2 propertie...
Hello, I am a new-to-Real estate investor looking for affordable rental properties and fixer-uppers in the Phoenix metro area. Would love to receive any/all info on available properties in the Phoenix area. I look ...
Cash returns have two distinct aspects that are intertwined.1️⃣ The ability of the asset to generate free cash flows (Operating Income) 🔼2️⃣ The amount of cash available to investors ➡ Operating Profit ...
Should cash flow on a property be calculated after subtracting tax?Tax is high in Canada ~45%, so this makes a big difference.Thanks,Kaitie
We are currently running numbers on what the best return would be on a mortgage in today's market. Our plan is to pay off the mortgage with all of the extra cash flow (we have the CapEx, Vacancy, PM, and repairs set a...