Peter Vuong
Profit/Cash Flow ratios and requirements on multi-family investments
Hi All
Forum Noob here, just curious what are your rules or requirements for profit/cash flow prior to making an investment on a multi-family unit? I'm currently looking at an opportunity to buy a 2 family f...
Amy D.
Cistern and Vault System
Does anyone have experience buying a property with a cistern and vault plumbing system? Did you upgrade it to a well/septic? Thank you!
Sushil Iyer
Estimating expenses post-purchase
When analyzing a deal, the expenses data available (opex, vacancy, PM, capex, etc.) is at the time of purchase. However, this data is bound to change post purchase. What are some tips to estimate what these expenses w...
Juan Turner
Fourplex Counteroffer Analysis - First Multifamily Investment
Hello BP,This is my first offer on a multifamily property. The property was built in 1988. I rate the neighborhood a B- or B. Each unit is a 2 bed/2 bath. Current rents are $550 each unit. All units are occupied. My o...
Matthew Walsh
Unused LLC and taxes
I have an LLC which was created this year, for a deal that fell through day before closing. There have been no transactions-no income no bank - but I want to keep it open for another deal. Do i have to file taxes on it?
Stevie Penn
First Investment SFH
Looking at a SFH as first time investment [cash deal]
House is located in excellent area with plenty of jobs and hot market for houses
Overview:House is super clean and requires no repairs
Cost of house is $180,000...
Wencheur Antoin
FHA Loan Eligibility for Independent Real Estate Agents & US Citizen Working Abroad
Hello BiggerPockets Community!
I hope this message finds you well. I'm currently exploring the possibility of applying for an FHA loan and had a couple of questions, and I'm eager to tap into the collective wisdom of...
Cedric Van Duyn
Tankless Water Heater
I have a 2 bedroom, 1 bathroom unit with a short water heater under the kitchen counter. The tenant is saying that the water heater is making some water noises. I previously discovered some condensation related moistu...
Jack Lee
Cashflow Taxation Problem
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
John Stark
How to build a rental empire?
Hello everyone!
This is my second post. Brand new investor here looking to purchase my first property soon.
Ignoring the fix & flip side of things, and just talking about buying homes and renting them out, is t...