https://www.biggerpockets.com/blog/real-estate-investment-analysis#Ready.-Set.-Let%E2%80%99s-analyze!On this page, there are multiple equations listed for different metrics. For example:NOI = Income – expensesIncome –...
Hi there! I am a week or so away from obtaining my PA Real Estate License and I was looking for some general advice. First, I am located just outside of Philadelphia in a suburb called King of Prussia. I am curious...
Hello, question... When you purchase a property is it purchased as an LLC or stated another way , is each property its own LLC? Also, When you're acuring a deal, as a flip, do you acquire all under your S corp compan...
Hi BP Community, Can someone please tell me if the 2% rule the same as the 50% rule. Can the 2% rule work for properties in Massachusetts since the prices of properties are pretty high? Thank you allTarcizio
If rent is due on the 1st of the months and this is what the lease says: Is it late after the 5th or after the 6th?To me... 5 days after the due date of the 1st is the 6th.
So with the new conventional loan coming next month and the fha loan which is already in place they both require you to live in your house hack for 1 year before renting or moving out . So the question is if I have ...
Hi again,
Under contract to sell SF home - closing on Sept 7th, 1031 clocks start ticking to identify and purchase multi-family property.
I'm starting to reach out to a number of you (lenders) who have responded ...
Hello All, quick question.. In my assignment agreement I'm confused about what goes where?I'm not sure if the first blank is referring to the Contract deposit or the up front part of the fee?As for the second blank, i...
Ok, now I am really confused, last week there was a discussion as to if just a landlord receiving passive income (rental income) was required to issue 1099s and the general concensus was since they were not operating ...
I've posted about this before but I don't feel that a reasonable and sufficient conclusion was ever reached, at least not on my part.I have not yet done any deals. I currently work 8-5, have about 30k in the bank, and...