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Results (10000)
Devyn Grillo Can An 18 Year Old Buy A Multifamily?
8 July 2017 | 11 replies

Soaking up all the awesome information on BP lately and have decided that I want to actually get in the game vs. sitting on the sideline.

So, at my age can I actually buy a duplex/triplex? I don't really have a cred...

Sean Lynch Multi Family Purchase FHA Loan - good deal?
26 April 2013 | 13 replies

Hi,

These are my numbers, I'm new so I want to get opinions from others who are more experienced:

Duplex / FHA 3.5% down (12,775)
Purchase Price: $365,000
Gross monthly rent: $2700
Total Monthly Payment: $2400
50% ...

Michael Elifritz How can I estimate road building costs?
9 June 2024 | 5 replies

I'd like to know how estimate the cost of improving raw land by building roads and extending utilities.  Is there any way to get a ball park idea for this without engineering documents to generate a quote from an exca...

Wesley Thompson Maryland Mobile Home Park Acquisition
8 September 2022 | 8 replies

I'm looking at a small MHP, 6-Units, in Maryland. It will be my fist MHP and commercial property. It's a small market about 30 minutes away from a small city in MD. pp=$305,000
4 of the 6 units are occupied at $850/m...

Jason Riddle Categorizing transactions not related to a specific property
7 October 2023 | 14 replies

I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...

Joe Roberts Local SFR Lenders in Eastern NC
21 February 2020 | 6 replies

So I just finished BRRRRing my first property and my second is under rehab right now. My lender had told me that they would be able to refinance me out of both of them based off the appraisals, but now I found out tha...

Jasmine Anderson Taxes for my single member LLC
3 February 2016 | 14 replies

Tax question for accountants, CPAs, or anyone that has knowledge on tax law: My LLC was formed late in 2015. Before the entity was officially formed, I had expenses that went toward my real estate business (RE courses...

Michael Olesky income of 3x the rent question
9 January 2014 | 7 replies

I have a quick question about the general rule of a possible tenant having an income of 3x's the rent. Does this rule change any depending on number of kids? If rent is 1000, then an income of 3000 seems fine f...

Ian Kurela Ohio Agents: Few Qestions!
12 July 2017 | 6 replies

Hi everyone,I have a couple questions regarding the Ohio salesperson licensing: First, I understand that an applicant must be sponsored by a broker. Does this mean I am required or expected to work under that broker i...

Sakura Myers Initial Legal and Tax Setup for Newbie Investors
24 June 2021 | 4 replies

Hello everyone! This is my first post to the community :) My mom and I have purchased our first rental property in North Myrtle Beach, SC. From the start, I want to ensure we are correctly setup legally and financiall...