Manwell Reyes
IS NASVHILLE A GOOD PLACE FOR MID TERM RENTALS ?
Hey guys!
This is my first post on the bigger pockets community so I'm a newbie. I have a couple of 2/2 houses here in the area and I was contemplating making them mid term rentals for the traveling nurse/insurance ...
Rick Jones
How to write off general business expenses with several rentals?
Hi All,So might be a stupid question but here goes... What is the best way to categorize expenses that are for your overall business operation when you have several properties? For example say I purchase a printer, st...
Daniel Dietz
Should Cap-EX or Major Repairs be Factored into NOI?
Hello All, This is my first post in this forum. My two partners and I have 29 units varying from SFHs to 4-Plexes right now, so have not really looked at NOI on those. A 16 Unit came up in our smallish but vibrant Mid...
Bryce Henson
Tax Strategy - W2 Employee, Part Time Real Estate Investor
Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...
Andrea Hauserman
Include Property Mgmt fee in Cap Rate calculations?
I'm selling a package of 8 duplexes. According to my research a pure Cap Rate does not include property management expense. Haven't used a property manager, however all repair and maintenance expense has been included...
Preston Long
Can an RV park that is ran with a onsite manager be sold at a higher valuation?
Looking at an RV park in Mississippi. It's currently 15 lots and room to add Abt 25 more. I do not want to self manage this property, a manager at 40k/yr will be about a 30% expense to the noi after the value add proj...
Yichu Zhou
Financial arrangement for Real Estate investing
Hi, everyone,I am new to real estate investing and plan to start investing this year. I have been reading many books (and posts in this forum) and trying to build a system for investing. Before posting my questions, ...
Matt Wilcox
Any Other Deductions?
I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
-...
Deren Huang
Rate this MultiFamily deal
7 duplexes and the investor wants outC- area, most tenants are section 8(4) 3/2/1 and (3) 2/1/1Seller can finance, his terms: 10% down, 30 year @ 6%, 3 year balloonPurchase price: 600,000Appraised 10 years ago at 107,...
Matthew Anderson
First Deal analysis help! Used the BP Rent Calculator
Here are the numbers I have running through the calculations. I would appreciate any analysis help or any tips on how I might have erred. I tried to be conservative.Purchase Price: $45,000.00Purchase Closing Costs: ...