So getting ready for the year end taxes and thinking about our 2018 goals has left me with a question. In 2018 we want to have as much borrowing power as possible. This in turn would mean making our business and taxes...
Hey guys I need some help figuring out if this Triplex opportunity is a deal or not. Purchase price: 150,000It’s located in a rapidly growing part of Houston, TX (Independence Heights) with a lot of investor activity....
This might sound like a strange question, but I plan to use my personal cell phone to take applicant phone calls for the LLC (which I currently do for properties that I own in my name). The bill is in my own name, of ...
Hi BP!New investor here, looking to get into my first multifamily. I am particularly interested in a small mobile home park. I have found one and thought I would ask if any of you have any input on these numbers. As I...
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
I recently purchased a mixed use building with a partner; the commercial space is on the smaller side but I have interest from an individual who would like to open up a salon. Any suggestions on the type of lease I sh...
In the rental calculator here, you factor in vacancy as an additional cost in owning a rental. I have been just automatically putting in percentages just to do the calculations without a second thought but I just rea...
We are looking at multi-families today and have been trying to determine the cash flow on the properties. If the tenant is paying their own utilities, do we include our utilities in expenses while determining the cash...
Hi guys, any Oahu / Hawaii experts out there? I'm currently looking into potential rental properties out there. I used the Bigger Pockets Rental Property Analysis Calculator to run the numbers on a place and was cur...
I have 3 houses each $2700 a month in mortgage and no other debt; no credit card, no car nothing else. My total expense is $2700*3=$8100 monthly. My question is in order to buy my 4th house 1million dollar FHA 3.5 ...