If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...
Hello Friends, I wanted to find out ROI on my investment and I have come up with basic calculator. I wanted someone to review my personalized calculator and suggest any edits.Monthly rent (and other additional perks...
What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...
Salutations BP community,
I hope you're having a sublime day on this day, a day with wondrous, illusory dreams. Alright, I'll stop. Onto a more serious note, imbued with gravitas, I am looking to use my home equity t...
Assuming that operating expenses will vary from year to year, what do you typically do in the years with minimal operating costs?
For example, if you have $300k in leftover revenue, do you pre-emptively spend on the ...
Maybe it's a good thing that I cannot find any real operators, or underwriting models for RV/Boat storage facilities. :)Who here actually owns and operates these facilities? We were underwriting the feasibility of sel...
Good day everyone! How would you consider structuring this deal?The narrative...We currently have a successfully operating retail based business. Recently, rather than continue to lease properties we operate our busin...
I recently registered a single member LLC in Kansas. I got an EIN from the IRS. I opened a business checking account. I have the first property under contract. The title company is asking for an operating agreement. I...
In email conversation with an agent about an 8 unit property, I questioned how she arrived at the ask price considering the income, expense and cap rate figures she sent me. The figures and the list price didn't alig...
What is a typical policy like in Ohio for a duplex? What should I make certain to include and what should I be certain to avoid doing? I'm looking to insure properties valued at around 150k.