Jared Christensen
Free utilities?
As I do research on owning rental properties, I'm trying to figure out how so many of the rental property owners in my area are managing to make a profit while offering free heat and water to their tenants. After doin...
Kush Patel
First Multifamily Deal: 60 Unit Apartment Complex
Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Ashley Rothacker
More Complex Tax Deductions for Airbnb Income
Hello! Wanted to discuss the more complex tax deductions for short term rentals/Airbnbs. The two STRs I own are 100% exclusively used as STRs. I'm familiar with all the basic deductions i.e. cleaning fees, utilities, ...
Jason Jones
What Name To Put Utilities in for Self-Directed IRA Purchase
I am closing on a home through my Self-Directed IRA. I will need to transfer the utilities from the previous owner for about a month while I am having some rehab completed. What name do I put the utilities under, pers...
Ken Williams
Future construction/ bank loan /quit claim question??
I have a situation I am in. I have been waiting for a perfect piece of land to become available for purchase for an apartment complex I would like to build. I have just learned that this land has become available for ...
Daniel Tucker
Apartment 45% below ARV after renovation
24 unit apartment complex all with 2b/1ba with 650sqft. Priced under $300,000 with $150,000 worth of renovations needed. The proforma suggest that if units rent at $650 month NOI will calculate to about $1,440,000. Th...
Carlos Saucedo
What to do with my land
I want to get into the real estate game, I own land (4 acres) and was thinking of building an apartment complex, but dont have the money. My questions are, what kind of lender should I look for? After the build, do I...
Rhys Williams
Strategies for Getting Loan for BRRRR when you have investors
What are some of the best strategies to getting loans utilizing the BRRRR strategy when you have multiple investors ? Most banks require multiple tax returns, bank statements, personal financial statements, and credit...
Diante Lawrence
Multi family/running numbers
How do you run numbers on multi family properties? I know how to do everything with a single family home, but i am not sure if the same rules apply to multi family.
Scott Johnson
Anyone Know Of Any Third Party Water Sub Metering Companies?
Hey, BP!
I spoke with the local utility company about an 8-unit property I'm analyzing. The water is master metered and I'm looking at sub-metering it out. They laid out two options for me:
1) Have separate meters f...