Hello, Quick question, what is the 50% operating expense rule when it comes to small multifamily properties . I would like to know what categories go into the operating expenses
$768,099 tax savings in the first year
If a Cost Segregation Study had not been performed on this $2.4 Million Apartment Complex located in Denver, Colorado, would have had first year depreciation of approximate...
If I'm buying a non performing note from the bank, owner balance is $148k monthly payments are $1150, the resell value is $175k. Would paying $93,500 for the note put me in a bad position? This is my 1st one. Thanks i...
I have read multiple books on how to analyze properties. Most of them all say the same thing on how to get gross income minus expenses including vacancy, CapEx, repairs, taxes, insurance, mortgage payments, etc. The a...
I do my best to prioritize my fitness because I feel it's important to stay healthy and feel good physically...However I don't always succeed. Between my family, 9-5, business, and RE, it's hard to find the willpower ...
I am planning to buy a note for the first time . It’s a 1st lien and performing . LTV is low , however the borrower is under BK13 and it’s under receivership in PA state . Question is does this have any bearing on the...
I'm looking for investor friendly contractor in two areas:
- Palos/orland townships
- bronzeville
My main criteria for being "investor friendly" includes the following:
- understands the importance of prioritizing ...
So with refinancing my rental, I'm finding it easy to compare the simple stuff: rate, points, ltv. Next level stuff for me will be the closing cost. Some lenders have provided me a complete list (see image below). ...
I'm beginning my first wholesale deal, and I'm confused about the assignment fee. I have the seller, and we've agreed upon a price of $250k. I believe that the property is worth $270k ($20k mark-up), which is what I w...
My wife and I are looking at our first real potential purchase to begin investing. I don't know if I'm experiencing all the F.E.A.R. (false evidence appearing real) that comes with the first deal, but I can't seem to...