Is Cash Flow the Only Thing to Focus on When Looking for Deals?
This year l left my W2 job. I do flips and have a few rentals. Is there any benefit to giving myself an official paycheck and W2? I do want ability to get loans. I have 4 years good schedule C and interest income.
My investments consist of SFH and duplexes in the price range of $40-$60K. Most of the units cash flow $190-$250 per unit. Our cash position in these is 20-25%.
I've been approached about buying a huge duplex (2269...
I am analyzing 10-30 unit apartment complexes in the metro Denver area. While the "rule of thumb" is to estimate expenses to be 50% of gross potential income, I have not come across an OM that had expenses higher than...
Hi,I have a question regarding a seller who is currently in chapter 13 repayment plan. Their plan last payment is scheduled for Nov 2024. The question is, if they decide to sell, how will that work with their chapter ...
We recently got an 10 unit multifamily with a commercial space under contract in York, PA. Our usual lender has dropped the ball and changed the terms on us from what we have gotten from them on the previous three de...
Hello Everyone,I've listened to the podcast for a while, and figured I'd finally be more active in the forums. I work as a software engineer but I'm looking to grow a real estate portfolio to build additional income a...
Hi everyone,All the multifamily properties I’ve purchased in the past few years have either 5 or 10 year balloon dates on them. For the veterans who were investing in the market and had their loans come due around the...
I currently have a rental property with substantial assets gains. Since I will hopefully be retiring within 2-3 years, how can I avoid potential tax consequences? Can I opt to make it a primary residence?
Hi Guys,
I havent posted in awhile so it is nice to be back. Anyway I am currently analyzing a property I am interested in and it looks attractive at the right price. It is a 12 unit mixed building with 9 unit rent...