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 $24,000 for the year, after paying the PITI and expenses, in a rough estim...
375k purchase 20 week str in high season (may1-mid sept) total property income would be around 50-60k. Low season 7-10k estimate. All before expenses. It’s a 3/2 that just needs a bit of aesthetic work to be up to snu...
Do you include utilities in the total rent? Pros/cons? Renters are looking for affordable listings, what do you do to make your listing stand out?
What are your thoughts:Multiplex, 4 units. 500k list45 years oldRed Deer Alberta100k pop, consistent slow growth. Low vacancy ratesNo renos required1.5hr flight from my location925$/per door rent3700$ total IN1800 mor...
I've been approached with the following deal. I know I'll need to get more details/clarification on some things, but it's a start. Interested to hear feedback from the community:16 units (Two 8-Plexes)Purchase Price...
Hi Everyone, I wanted to share some creative strategies that have allowed me to increase the NOI on our first multi-family property by an amazing 105% in only 5 months of ownership using some creative strategies I lea...
I recently became aware of the benefits of owning and using a non-contact infrared thermometer. Here is a great link from the NDSU Extension office:"A simple way homeowners can check their homes for heat loss is with ...
Needing a second pair of eyes on this deal analysis!I am in the market for my first deal and will be occupying one unit for a year or two to start. My goal is to buy and hold, and to cash flow even just a modest amoun...
Good afternoon BP!
So there's a 4 plex rental property in my town that has been on the market for about 6 months now and I wanted to ask you all some questions on whether or not I should go ahead and take thi...
I found what seems to be a pretty decent 4 unit 2br/1ba quad-plex with great numbers. Its listed at near 150k, but I think I could get that down to mid-$130k given that the property has been on the market for a while ...