Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...

Can someone please explain exacltey how do CAP rates work, does it go off the sales price or the money you put into it. lets say an apartment building for $500,000 with a 10% cap rate. Does that mean $50,000 a year in...

I live in a small town and there are no buy and hold multifamily investment opportunities in my area. That said, an up and coming small city is a little over an hour away and is where I'm looking to make my first m...

When considering a rental property, such as a vacation property, how do you verify rental income?Do owners and agents have a fiduciary duty to give accurate numbers? 

Good afternoon, BP.Let's say you want an applicant's monthly income to be at least 3X the monthly rent. A) If the applicant is an employee, would you just subtract the average expenses found on the bank statements fro...

When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...

Hello again,I am spending my Friday evening researching real estate markets.I have organized the states by low, moderate, or high property taxes. I hope this can be a useful quick reference to others.---As of 2020, th...

With it being the 1st of the year, I was curious if anyone else would mind looking at what AirDNA reports for their STR's and say whether their gross income was either under-reported or over-reported, and by how much?...

What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...

Problems getting qualified from conventional lenders. I am baffled at the rationale but it has happened twice now.My overall picture is quite good I think. But the lenders are basing their decision on one very narrow ...