Henry L.
Is this a good deal for a duplex in NJ?
I'm looking at a duplex property built in the 1940s that's about $200K in NJ, and thinking to put in 20% down. I even put in a lower ARV of $175K to see if the numbers would still work -- they did.Here are my numbers...
Michael Mcguniess
How I used $38k to generate $17k per year with $26k per year potential
For years I have read about real estate investing but never had the funds to get the ball rolling. I finally had some extras cash laying around and needed to put it somewhere so I decided to pull the trigger and buy m...
Sydney Key
Losing Money on a House Hack
Hello You All,I would not say I'm new to the idea of investing, in fact, I've been obsessed for years. However, I am just getting to the point where I feel comfortable enough to put out feelers and begin the process. ...
Alan Bostick
Store front deal FSBO!!!
Repost:
I have found a store front property that is FSBO in an historic district of town in the Greater Akron Ohio areas, asking 550k. Seller has 100% equity and is mom and pop owner. 8/9 units occupied. The basic nu...
Leo Gonzalez
Paying Income Tax on Low Cost/High Cashflow properties
After successfully purchasing and renting out a duplex in Syracuse NY I've started considering the tax implications of the gross income I will be receiving. The analysis I did on the property accounted for expenses l...
Michael Brunner
Wisconsin 8 unit deal analysis
Hello,I'm looking for some guidance analyzing my first greater than 4 unit deal.The property is listed slightly under 900k. On the same property, there is a brick 4 unit and 2 separate duplexes for 8 units total inclu...
Tim Chen
How to underwrite expenses in multi family deals
There are some apartment owners that I meet with, that, for whatever reason, do not want to give me their expense information. When that happens, then I use the below information as a preliminary way to calculate thei...
Manish Sharma
Need advise on an SFH in Indianapolis
First of all let me tell you that I am novice investor, currently owning an SFH rental home in Austin, TX but looking to buy a few more properties by EOY 2018. I am currently evaluating Indianapolis and an offer was a...
Michael Mackney
Preapproval with a per diem income?
Hey BP community. I am a dentist (first year in the real world) and am on a production-based salary. I went to get preapproved by a lender for my first investment property and she stated that I need at least one year ...
Justin Paul
Whats your opinon on this...deal or no deal?
Asking Price:$760,000
Actual
Scheduled Gross Income$140,704
Operating Expenses$63,773
Net Operating Income$76,931
Pre-Tax Cash Flow$44,197
No. Units:24
Building Size:17,800 SF
Price/Unit:$31,666.67
Property Type:Mul...