Justin Howe
First Deal - 4 Plex?
Hey everyone,I found a 4 plex and want your input on the deal. This will be my first investment property. I own a SFR that is three miles away so it would be easier to self-manage. For calculations, I included managem...
Maxwell Manatt
Our first deal 10 months later, Duplex Little Rock Arkansas
My wife and I bought our first rental Property in June 2016.Basics of the deal:Duplex in Little Rock ARPurchased on MLSPurchase price $105,000 (was listed at $140,000)Cash to close: $23,579 ($21,000 down payment, $2,5...
Robert Silvernagel
Passing rental expenses through to the landlord
Hi biggerpockets community! I come to you seeking sage advice yet again. So here's my situation. I'm currently handling all management of a friend's downtown Seattle condo via Airbnb while he's living abroad. Things h...
Jonathan Orr
CAMs from a commercial property manager perspective
Hi BP
I wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonderi...
Jonathan B.
Multiple bank accounts on LLCs ? holding structure question
Hi Guys,Currently own multiple properties (Sfr),they are spread out into various LLCs, having couple of properties in each LLC.these LLCs are all owned by and a subsidiary of a 1 holding LLC.Rent is currently flowing ...
Patricia J.
What do I do if seller is clueless?
Hi everyone,I am a new investor currently finding and analyzing deals in Los Angeles. I came upon a 4 plex which is listed at 1 mil. I got the rent roll and past 6 months expense report by the property management comp...
Eric Lee
Bookkeeping for first rental property
Hi All,I got my first rental property (SFH) under contract and am now working through the process towards closing. I'm excited about the opportunity, but want to make sure I'm prepared for everything that's about to ...
Nicholas Bacon
Introduction - Newbie Investor
Hi All,
Been a member since 2020, but not very active. I finally have my first deal done and generating income. I am trying to review the process and see what lessons learned can be gleaned from the whole experience...
Alan Bostick
Store front deal FSBO!!!
Repost:
I have found a store front property that is FSBO in an historic district of town in the Greater Akron Ohio areas, asking 550k. Seller has 100% equity and is mom and pop owner. 8/9 units occupied. The basic nu...
Daniel H.
6 Units
What do you guys think? Two 3-family apartment buildings on one lot.
Purchase price $300,000.
Gross rent:$4,800/mo - $57,600/yr
Cleaning and maint: $1,200/yr
Insurance: $3,400/yr
...