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So looking into duplexes around my area I see a handful for sale with tenants already in place, and what seem to be decent profit. maybe 300-500 dollars a month? Thats based off rent income vs what I pay for the prope...
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I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...
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I am new to multi-family investing. Since finding Bigger Pockets earlier this year, I've been focused on learning more about analyzing property. I started out with looking at single family but after listening to the...
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HI EveryoneI'm looking into investing in my first property and I'm specifically looking at Multi-Family Rental Properties in the Aurora Illinois market. I'm doing analysis on some properties that I think look like the...
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Just wanting some help calculating my ROI’s on a couple of properties please and thank you.1.) Cost 75k, Down payment 4% down, Rental income $1225, Maintenance 10%, No management company, Property tax $111, Insurance ...
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
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Background: I paid $370k for a 4bdr 2 ba in April of 2021 and got THE last short-term rental permit in the city. My mortgage is 1,700 per month and YOY I just did 54k (May 21' to May 22') in total revenue. My home is ...
As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.
Besides the fact that there may be issue...
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I have not made my 1st deal yet - that being the case I have a question about the wholesaling calculator (to sell to a renting investor) and the renting calculator.If I have never rented or flipped a rental how do I k...
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Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...