I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses. Thus, income less operating expense is $1,195.04. What is th...
I'd like to say hi to everyone and introduce myself. I'm a six and a half year full time auctioneer living in Phoenix who is looking to use this as a venue to expand my contacts and to help consult investors make mone...
I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
Hi everyone - I am in the process of finalizing my pre-requisite class hours to take my real estate license exam. None of the teachers at the school want to throw a number when we ask what is a reasonable expectation...
I own 3/4 of an acre of commercial property and have been looking at options to develop the property. I honestly dont know where to start. I own the land outright and its on a major thoroughfare in town. Pretty sure i...
I have a applicant who makes good money, owned home for past 15 years with existing mortgage. Supposedly in process of selling home, but its not listed and when I ask for documentation to show its for sale or under co...
I was considering a tenant for my rental and asked them to fill an online credit check with MySmartMove. The system recommended one of the occupants as DECLINE and so I declined their application and now they want wri...
Hello all. I have a question and a real life scenario to present which I am currently going through and I'd like your advice and suggestions. I have done a lot of research and reading but I would really appreciate som...
Recently a international client of mine was successful of getting financing to purchase US real estate. The person is from Hong Kong and talked to their banker at HSBC, who then referred him to a banker at the HSBC US...
Hello, I am new in my journey through real estate. I have lived in Miami my whole life. I work as a traveling healthcare professional in the Miami area for the last 7 years. I joined BP as a way to kick my goal of fin...