Aaron Robinson
Response Rate Confusion
Response rate is simply, (responses ÷ number of mail pieces sent out) right?Soooo here's my issue with this... If I send 100 people a postcard (so that's 100 postcards), and 90 call back, that's a 90% response rate ri...
Fernando NA
I need some help on log cabins
Hello everyone,
I’m considering purchasing a piece of land near Divide, CO, to build a small off-grid log cabin and list it on Airbnb or similar platforms.
For those of you who live in the area or have experience wi...
Cody Mccutchen
To Build or not to Build
Recently purchased a 150' x 100' lot in a desirable part of town. The lot has been approved to divide into two 75' x 100' lots. However, I want to take it a step further and divide the lot into three 50' x 100' lots. ...
Casey Stuebs
Formula for finding value of small apartment complexes (What would I pay)
Hi all, this may be answered someplace else but I couldn't find it. Josh and Brandon mention when looking at apartment buildings you base the value off of the current rent price. Hypothetically if there is a building ...
Jason Meadows
Buying 150+ acres of land! What factors should I consider?
I'm currently looking at a large plot of land in Canada of about 150 acres within 30ish minutes of a city. Market price is 600-800k range for a property like this. Since it's relatively affordable I'm considering buyi...
Daniel P Willis
How to calculate CapEx
I'm new to investing and I'm analyzing several properties, the CapEx and maintenance percentages have me a little confused. What's the best way to calculate those, do you experienced investors use a flat 5%, do you ca...
Andrew Yu
Bookkeeping & Tax on Owner Finance Sale
I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are:
Is the journal entry correct? 26K is quite a bit of reven...
Samuel Kowalsky
Apartment depreciation, cost basis calculation
This may seem like a silly question, but there is surprisingly very little literature that answers this question head-on : my spouse and I bought an apartment abroad, that we will rent out once we have put it in renta...
Aviv Berkovitch
DTI calculation - for conventional mortgages
Hi everyone, As I understand, every time that I purchase a rental property, after it rented, and I want to purchase the next property. The bank can take 75% from the income of the first property and if it covers the (...
Luke S.
Splitting up Utilities
I am looking to buy a 4 plex that the owner currently pays all heat/electric on.
Do you guys know the implications/cost of splitting up these bills (or just one or the other? )
Thanks in advance.
Luke