Joseph Tarallo
Is this a good deal ?
I'm looking for a multi family, I came across this one I think looks like a potential buy. What do you think http://www.realtor.com/realestateandhomes-detail/141-N-6Th-Ave_Manville-Boro_NJ_08835_M69687-12179?row=...
Christopher R.
Tax Implication of a Management Fee
Hi All,My CPA is questioning whether a Management Fee that I am claiming deduction on is appropriate if I am not acquiring these services from someone else. IE, I'm setting aside 10% of total rent as a management fee...
Arjun K.
What is best structure for buying and managing property for parents?
I would like to buy 1-3 rental properties for my parents, with their funds. As their money will ultimately come to me, this is sort of like managing my own money.
However, my parents are fairly disorganized. While...
Jade Davis
For LL's that manage their own properties-- what do you use to handle finances?
Hi fellow BP'ers!After much hemming and hawing about it, I decided that I would like to manage our first property on my own in the beginning rather than hire a property manager from the get-go. I want to at least know...
Eric Lopez
Estimating Operating Expenses
To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct. I can accurately estimate utility costs as most util companies ha...
James Ross
Short vs Long Term Rental Recurring Costs Summarized
Hello Bigger Pockets! In keeping with my habit of “do some research, write a post,” I’ve been looking into short and mid-term rentals as compared with a more “normal” long term rental. Specifically I’ve been trying ...
Patrick Wheeler
Property Management Thought
I had a thought I was curios about regarding property management, especially when first starting out. I know the general rule is to factor in using property management, whether you initially intend to use it or not. H...
Lorin Hinton
Please help analyze first deal
Hi everybody, I am not sure if I am getting cold feet or jumping the gun for my first deal. But I have a deal that I am working on as my first rental property. Here is a little bit about the property itself. First ...
Mike P.
Would you do this Sub2 deal?
This is a 3 bedroom 2 bath house 15 minutes from my house and in a C+ neighborhood. It's currently rented for $925 and I'd keep them in place. The financing is $59,000 for 20 years, the escrowed payments are $660, tha...
Tom Scott
Managing Self Storage How Far is Too Far
I'm taking a cursory look at a Boat and RV storage facility. So far all the numbers look fine and I'm wading through the due diligence process to get some hard data. The only thing I am concerned about is the distance...