I was going through my desk yesterday doing a deep clean and came upon my old Amortization book I used for years.these were produced by title companies and given to agents.if you wanted to know what the payment for a ...
Hello BP. I have a good problem with my new tenants in my SFH. They are a family of 5 and make good money, just don't have the best credit. Signed a 2 year lease with interests to stay longer, but didn't want to lock ...
let's say I invest in a rental unit (duplex) and after I subtract my income from my expenses (mortgage, insurance, management fees, vacancy, maintenance, property taxes) once I take my gross revenue and subtract it...
Investors are always asking the same question. Why is there such a wide range of CAP RATES for Multis in Worcester? Some Properties are selling for as much as a 12 CAP and others are listed at prices that are close to...
I have sent out a bunch of yellow letters with a great response. So far I am getting a little over 13% response rate. The trouble I am having is with comps and making an initial offer over the phone. What I have be...
Debating whether I should make an offer on this triplex:Unit A: 2BR/1BA - rents for $700/moUnit B: 1BR/1BA - rents for $600/moUnit C: 1BR/1BA - rents for $500/moTotal Monthly Rental Income: $1,800/moCurrent Owner Pays...
If I buy multi family comm real estate via a RE LLC company with my Roth IRA does the rent income become UBIT taxable ? If the property is paid in cash and later a mortgage is secured does it impact the UBIT questio...
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...
Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i...
Hoping someone could fact check my work.
I just created a spreadsheet to help me to evaluate deals. I'm still not 100% sure I've got everything down, but tried to be as comprehensive as possible. Even went so far a...