Brian Willard
Gross Rent Multiplier Calculation
I'm trying to understand my numbers. I ran a BRRRR report and it was laid out the following:ARV $275,000Estimated Repairs $17,250Purchase Price of $175,250 (70% of ARV - repairs) Assumed Gross Annual Scheduled Income ...
Christi Maddox
Seeking Maintenance Software for Vacation Properties
I'm looking for a Property Maintenance Software that can track, organize and schedule the maintenance needed for 12 different vacation rental properties/Villas. Does anyone have any recommendations?We already have ...
Trevor Howell
Looking at buying first STR.
I’m looking into buying my first STR. I have been looking at Branson MO. I am looking at other towns also. Would like to meet and talk to people who are in STR right now.
Logan Turner
Who provides receipts or current balance on seller finance deals?
Ok so I bought a house cash, fixed it up and sold it with owner finance. Now the new owner is asking for monthly receipts of mortgage payment.
Is there an obligation for providing this? Should I be sending quarterly...
Martingale Kim
Tax form for Corporation registered in Delaware
I registered a corporation in the state of Delaware this year and just filed DE's annual report and franchise taxwhich form I need to file for federal tax? is it 1120 only?I don't have any sale for the year 2021 so th...
Joe Lambert
Omaha Landlord Registration Ordinance
Any landlords following this new proposed ordinance in Omaha? $50 a SFH and $6 per MFU seems kind of steep if that is an annual due. https://www.omaha.com/news/metro/landlords-say-they-ll-fight-push-for-more-inspect...
George Frye
Note Evaluation
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
Mark G.
What’s your Buy and Hold strategy? Did you run into DTI problem?
Hi everyone,I currently own 2 duplexes and my DTI is good to buy 1 more property and then I’ll be at max DTI (50%) what do I do at that point? What’s your strategy Each time I buy a property, my DTI increases, even af...
Wayne Solum
Amortized loan aquisition costs for tax return
I'm trying to do my 2015 taxes. I bought my very first two rental properties towards the end of 2015 so I have no previous experience with this. From what I understand, loan origination costs cannot be included in t...
John Smith
Down (3.5% v. 10%) PMI, Liquidity, Gains, Taxes, Projections
Have been reading forums & listening to podcast for over a year. Focused on cash flow & so on multi-families in part because of Bigger Pockets. Bought our 1st property last spring ($94,000 3-unit, using conven...