Martin Saenz
Note Tape Due Diligence - First Step
What is the first step you take when you receive a NPN Note Tape?Just measuring what everyone is doing. For myself, I reformat the spreadsheet so that it reads well for myself.
John Carbone
What’s the new gross rental multiplier in smokies?
When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...
Cliff T.
How to estimate mobile home park taxes?
Hi all,I'm doing some research on mobile home park investing and not sure where to look. How does one estimate the cost of annual taxes for a mobile home park? Is the amount listed on the county website, similar to SF...
Nicholas Ritieni
Setting up an LLC (2 Party)
Hi fellow investors!I have browsed through BiggerPockets for a couple months now and am finally in the position to purchase my first rental/investment property. My partner and I are from Long Island, New York and look...
Adam M.
Capital Gains Limit for a Flip?
Hello BP,Let's say Johnny buys an investment property for $165k in the state of Texas and puts $30k into it for a total of $195k; the property sells for $300k 2 months later.Johnny has had some experience with flippin...
Alvaro Zumaran
First buy & hold rental property in York County Pennsylvania.
I need some serious help to determine if a property that I am looking at is worth the pursuit. The property is a 3 unit home that is in a good area and is in good condition - it will need some updating thought. I ha...
Nick Thornquist
Determining MAO in Cleveland
In Cleveland/OH, what is an efficient way to determine estimated rehab costs? I've heard a good BALLPARK is $40/sf for cosmetic, $50/sf medium rehab and $60/sf for full gut. Any similar methodology used in Cleveland a...
Jack B.
Accountant is using a weird depreciation method, is he right?
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...
Hannah Chandler
Vacant property, deceased owner.
Hey guys! I have a rather odd and confusing question. I was checking out a vacant lot today and came across a house that looked abandoned but like it would have tons of potential. I did a quick search of the property,...
Rusty Eddy
How to find active agents in a given area?
Hi All,
General question for a specific situation.
What is the best way (ways) to determine what are the most active listing agents in a given area? (I have done the obvious, drive around and write down names of e...