Wenai Ji
Ask tenant to move out for owner occupancy?
Hi all! I’m interested in buying a triplex to house hacking in Los Angeles. I have a question about tenant situation.The triplex is consisted of 3/3, 4/2, 2/1. Currently 4/2 and 2/1 are tenant occupied. I plan to move...
Jack Yen
passing water responsibility to tenants
Hello BP friends, my partner and I found an interesting property and while we look at the income statement. The first thing we notice is the water/sewer expenses is huge! it's a 30 unit and they spent $22K each year o...
James Ross
Question on calculating projected income
Hello Everyone!
So I'm reading through the ABCs of Real Eastate and am in chapter seven "Is It Really a Diamond?". I wanted to ask a question on the numbers people use when evaluating vacancy to get projected income...
Mario Nacev
Tax Strategy for first deal
Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...
Andrew Flora
Cost Segregation Strategies
Hello all,As my portfolio grows I'm looking to become more efficient, especially in the realm of tax strategies. I have heard of cost segregation and bonus depreciation and I have a base level understanding of what t...
Dustin Corbett
First Investment...Good deal or no?
Good morning Bigger Pockets community.My name is Dustin and for about 6 months or so we have been researching and educating ourselves on the real estate investment game. We have a relatively strong income coming in fr...
Gorden Lopes
Turnkey quad in Decatur near Huntsville
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Decatur.
Purchase price: $227,000
Cash invested: $60,000
A turnkey quad in Decatur with each unit being 2/2 and rented at ...
Jerry Parks
Need your thoughts on a possible subject-to deal?
Hello BP Community… I’d like to request your opinions on a deal.I am looking to purchase a 4-plex. This property was previously under contract by a house hacker.Unfortunately, his financing fell through.But fortunatel...
Susan Armstrong Fisher
Can Multi-Family Under 60 Units be Effectively Prop Managed?
A reputable apartment investing mentor with a program out of Dallas, Brad Sumrok with the Rat Race to Retirement program, says that anything less than 60 units will not economically justify the costs of professional p...
Christian Thompson
Comps on 3 duplexes. Residential or Commercial?
Hey Yall!
I am currently working on a off market deal. It's 3 duplexes. They are right next to each other with the third duplex being behind one of the others (2 duplexes on the same lot). I work with seller. He is ...