Account Closed
Understanding Dekalb Zoning - HELP !!
Hello Zoning Experts,The Zoning for the property is R-75- SF Res Districts but the Land-Use says 102- Residential 2 Family. Currently, there are two buildings on the lot. Each building already looks like a duplex and ...
Ryan Standage
Understanding the 50% rule
I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%
my old way includes
Property tax x 12
Mortgage insurance x 12
Re...
Josh Broks
Understanding Developing vs Existing
Hi all, My name is Josh and I own few properties that I rent in the west coast. I found a great opportunity to buy a lot / land for development in an area that there is very low inventory. I am trying to figure out so...
Michael Mastropaolo
Understanding the 2% rule
Hello all. I'm new to this industry and trying to ingest as much information as possible. I'm currently going through the UBG and i'm on the section of the 2% rule. I live in a major city and I'm just not understan...
Account Closed
Understanding Private Money Loans
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...
Charles H.
Understanding commercial loan offers
Hello,I am looking into commercial loans to get into multifamily buildings... I am sending out emails to local banks in areas I want to invest. These loans are a bit more tricky than conventional loans and one of the ...
Felicia West
Help with understanding appreciate
Hi there! I’m a beginning investor and am trying to wrap my head around the tax benefits involved with real estate. My main question is regarding depreciation. My husband and I are high wage earners, so from what I...
Eric Gamble
BRRRR - Understanding the Math
I have seen a number of post where members would like to undrstand why & how the BRRRR Strategy works. Below, I attempt to walk through the logic of How & Why (this is my approach - keep in mind with math you...
Account Closed
Don't understand BRRRR strategy?
I was reading up about the BRRRR strategy and I don't understand how the refinance part works. Just wondering if I'm understanding this correctly. Thanks in advance!ExampleProperty bought: $75,000Renovations: $30,...
Melanie Baldridge
Understanding your depreciable basis:
Imagine you bought a property for $2M.
The land (excluding any structures) is valued at $400K.
Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your ...