Hello,
I am purchasing a 11-door portfolio on 2 properties. The purchase price is $650,000 - I'll be putting $400,000 down. The seller will finance for 12 months of interest only with a balloon payment of $250,000 a...
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I love reading posts on here but rarely have cause to write, hoping to enlist some of the excellent experience out there!I've got a 15 unit apartment complex in central Indiana. Currently have it on a 3 year carry w t...
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This is what I see on listings on Redfin, apartment complex for just under 5 millionNet operating income, is that after expenses but before debt service? I used to know this stuff but forgot as I stopped looking at MF...
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Does one get taxed on the income produced from a rental property ? Not the property itself but the month to month income
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I was wondering how property managers take their cut, do they use the net income for the property, or they used the gross income.If A property makes $100,000 a year without deductions, do they take 10% of that, or do ...
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Newer Landlord - have done my own taxes historically and felt pretty confident in them. Not as much now with a rental property. I am HUGE on using people who are recommended (for just about anything). I don't like tak...
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I did not have enough space in the subject line, but I wanted to further specify that I am referring to calls that require an immediate response.Ie: Locked out of the house, in-home flooding due to a sewage/plumbing i...
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Hello BPers - I am working with a seller of a mixed-use property in Silver Spring (20902 near Holy Cross Hospital) and I'd like to either wholesale it or keep it as a rental if I can make the numbers work. If I take o...
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Hey BP,I have been lurking the forums for a while and testing my hand at evaluating properties. This specific property recently caught my eye as a too good to be true kind of offer. Just uttering those words should si...
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I am seriously considering renting out my rowhome in the lower Mayfair/Tacony area and need some help. What kind of vacancy should I expect? Anyone have any good recommendations for property management? The property i...