I am looking at a 10 plex (2 fourplexes and a duplex) in the an older, built out part of town 11/2 miles from the university built in 96 with a cap rate of 6.1% and a sales price of 650. The other project is new, gra...
I'm brand new to the biggerpockets and haven't had too much of a chance to look around just yet. I graduated from University of Northern Iowa and am in the process of applying to physical therapy school.
Over...
Hello Mates,
In the leasing of multi Family Units, I am assuming, most of the Units these days are equipped with Meters for Utilities making the Tenants responsible for Usage and Payments.
Is this a fair assumption...
In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...
I am interested to hear from real-world investors on how much you budget for Capital Expenditures and Repairs into their single family, buy and hold rental properties. It's obviously very difficult to find cash flowin...
Hi everyone, For those of you that take draws or distributions from your rental property's income, how do you normally calculate it? Do you process it as, say, 10% of gross rents for the month or quarter?Or, do you do...
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...
Hi--my name is James Tsuffis. I have no background in real estate investing beyond a few books I skimmed but am very eager to learn. I'm from San Jose, California but moved to Southern California for school. Graduated...
I am here because I have not found a specific RV forum, and assume it may be a commercial real estate related topic. Please correct and redirect me if Im wrong. Is there anyone out there who can teach me something a...
I just got quoted 50k to replace the AC system for my 3 family property in central ma. (3 Condensers & two furnaces). Is this a reasonable rate?? Seemed outrageous to me. Anyone know any good AC contractors in the...