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Hey guys - I'm hoping someone can shed some light on this situation we are in. I will do my best to summarize this as much as possible in an understandable format. :)BackgroundWe own a unit in a 16 unit cooperative (...
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Hello peeps!I am new to RE investing and still in a learning curve, but I have this one thing that has been bothering me.As my wife and I are also looking to buy our first home, I've been looking at different mortgage...
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Hey, everybody! I'm looking at purchasing my first deal from a client of mine who I manage some properties for. It's a small triplex, and after crunching the numbers, it should cash flow around $450 per month conser...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...