Kevin Tyrone wayman sr
Hard to get a loan to fund a project
If a 50k loan investment can gross you 2600a month in income. Just from renting rooms in your basement, why is it so hard to find someone to fund the project, with those income numbers....
Owen Dashner
Where are the most ridiculously high RE taxes?
I am in the process of looking for some smaller multi-family properties (4 to 12 plex) to buy. In one of my "farm" areas in Iowa, anything over 3 units is typically taxed as commercial. Here are 2 examples of the c...
Tyion Bridgeman
Is this a good deal
Between everyone on Bigger Pockets there is probably thousands of years of REI experience, I was wondering if you all wouldn't mind using that experience to give me your opinions on this deal.
236 unit apartment comp...
Vance Krancey
What is the formula for rental income?
My ex is taking me to court as I've recently started renting my townhouse. Since I live with my finance, the townhouse is technically still my primary residence, but being in a small community this news travels fast.I...
Andrew Herrig
Multifamily (7 Unit) Analysis Help
Hello all, I am just starting to get into the real estate game and am looking to buy my first property hopefully by the end of the year to buy and hold. I have been analyzing a ton of properties to get a feel for the ...
Kelly G.
Re: 1099s and taxes: Clueless prop. mngr? or clueless owner?
Greetings all;
2013 was my first year as a landlord. I hired a PM who managed my SFH in WI for 8 months before I fired him for negligence. that's another story. His accountant (?) sent me a 1099 listing o...
Rachel Turner
2BR 700k vs 3BR 800k short term rental
I’m thinking of investing in either a) 700k 2 bedroom or b) 800k 3 bedroom vacation rental in a ski and lake town. I have gotten some rental numbers from a couple properties but not the particular ones I want to put a...
Gabriel Morales
How To Analyze a 3 plex To Purchase For my 1st time?
Hello All,
I hope you all are well and staying safe out threre! I am a Realtor in Tucson, Arizona, looking to purchase a 3 plex for my own portfolio. This is my 1st time purchasing a multi-family. I am utilizing FHA...
Account Closed
California Rental Home, non-resident, CA State Tax implications?
Hi all,Considering buying/renting a secondary home in California. Idea is to be a short/long term rental property and a place for family to stay (in between the short/long term guests) and eventually use it as a retir...
Aamir V.
defining gross sales and asking for reports
I am dealing with a tenant who is asking for changes in the rent and I want to ask for sales reports in return. I have seen some other language around a gross sales report but was wondering if anyone here has thought...