I am looking for Cash Flow properties in A- to C+ areas. I found a 3 building 6 unit listing on my local MLS and I believe that I may be looking at this deal wrong. Can you help me out with my analysis? Thanks in a...
Hi everyone, I need help figuring out the valuation on a multi unit apartment complex. It's a 26 unit built in 1955. 14 units have been remodeled at a cost of $100,000. Asking price is $1,350,000.Income from rent is ...
Hi everyoneI am a new landlord from last year and working on my tax return. I found two new things along the process. First, 1099-NEC and 1099-MISC. Second, QBI deduction.I bought two 8 unit multifamily properties in ...
I have been trying to find a property that cash flows. The market that I am looking at has an average price of $360,000 with an average rent of $2,200 which does not have a very good rent to house price ratio (2% rule...
Hey guys, I like to think I'm real creative but as always, someone has probably alraedy thought of it. I'd like to see if anyone else is doing or isn't doing what I think is a viable idea.I have some rental propertie...
I am glad to have found this valuable real estate investing forum, I am novice and willing to learn by reading and following advice from the members who have been in my position. I thank you all.
Searching online, I f...
Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
Hello, I have jumped into investing in single family homes in Northwest Indiana, in Lake county. I now own 11 homes, and have been working with a property manager that I personally do like. I would like to explain ...
Hello, My husband and I are about to purchase our first property (single-family home, new construction, riverside county, CA) The house is about 45 minutes away from where we live. Neither one of us has any experience...
Hi all, Newbie here...We have set up a single member LLC for us to act as our own property managers for a 4 plex we just purchased. The 4 plex is owned by a trust with a 2nd single member LLC as the benificiary.I am...