Good evening BP! Who's watching the first legit game of the NBA Finals? No? ok! Anyway..I always like to go back and listen to the older podcasts & refresh on info that I may have missed out on. This time I was li...
As far as I know, the most common way to underwrite multifamily and other commercial properties is to use the NOI and cap rate(s) to determine a fair market value. But how do you do that when there's barely any (or no...
Hello, I just bought, my first ever property/home (woo), and there is an existing in the lower unit. And they have reported a slow clog in their bathtub, the thing is they offered to hire a plumber and pay for it them...
Question for all of you buy and hold investors: Would you prefer to buy a single/duplex/triplex (not counting apartments) with existing tenants with good profiles (credit, background check, etc), or vacant so you can ...
Investment Info:Large multi-family (5+ units) fix & flip investment in Denver.
Purchase price: $490,000 Cash invested: $222,055 Sale price: $850,000Here's our newly renovated 4 plex in the Westminster a...
Looking for advice! I own a few properties in the Hudson Valley, NY (Poughkeepsie, Fishkill area for those familiar - B&C areas):7-unit apartment: $500,000 equity - free & clear5-unit mixed use: $400,000 equi...
I had situation this year that I'm not sure per tax code if the costs would be deductible or require depreciating.
Accessibility modifications, which could be wheel chair ramps, door widening, shower modifications. ...
I have a condo in Houston, Tx that I own outright and have been renting for several years. I am looking to sell this condo and use the proceeds to purchase a multi-family property through a 1031 exchange. My question...
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
I am a CFA charterholder and work with my friend who is a CPA and we perform small business accounting which includes some work for real estate investors on financial reporting and analysis.
So, my question is what k...