Michael Duventre
Help on front door and back door analysis
hello everyone!!! I'm a college student trying to understand the front door and back door approach theory and how to calculate them. I am a baby in this. If you can help me please explain things to me as simply as you...
Scott Kronzek
Refinancing a Multifamily in Baltimore
3 units, all 1/1Purchase price 100k2 units currently occupied, 1 vacantProperty is in a solid part of Baltimore, very close to the zooMy plan would be to spend about 10k on the vacant unit, and then renting it. I'm es...
Bryant Hull
How much should I value the purchase of a property management company?
I am aggressively looking for property management companies for sale in Orange County CA. I have seen pricing vary. It typically falls into 6 months of gross management fees on the low end and a year and a half of gro...
Alex Rodeberg
When does it make sense to hire in-house management?
My father and uncle own 124 residential units with cashflow around $520,000/yr. This isn't including a management since they currently do it themselves. They are now looking to wind-down and focus on commercial proper...
Rehaan Khan
PPP forgivable loan for self employed home flippers
Hello, Has anyone applied for the ppp loan as a self employed flipper? From my understanding the forgivable loan amount depends upon the total gross income reported on 2019/2020 tax return. But, I reported my profit f...
Derek R Schiavone
Asset Protection w/ VA Loan
Hi all,I'm looking to get my first investment property sometime next year, a triplex or quadruplex. This property will be in an LLC. But I'm also looking to use my VA Loan to get myself into a househacking situation w...
Juan Jackson
800 credit / self employed/avg 75k gross
Lender mortgage broker loan officer financing georgiaBP Members,I need some adivice. I have a client who want's to start investing in real estate. He is interested in multifamily or a flip property. He is concerned ab...
Bradley Jernigan
Analyzing Multi-Family Apartment Deals
Introduction:
Investing in multi-family apartments can be a lucrative venture, but it requires a thorough understanding of financial metrics such as Net Operating Income (NOI), Purchase Price, and Capitalization Ra...
Kyle Spiewak
Health Care Tax on Rental Income
Read this today and thought it was interesting and worth sharing. It is from the Journal of Accountancy. If I am reading it right it is saying that there we will a 3.8% tax on rental income. Please give your feed b...
Kevin Hassold
Calculating Net Operating Income
When calculating NOI, should I be including my budgeted costs for vacancy, repairs and maintenance, and capex expenditures in my operating expenses to get to my NOI or should this not be included in operating expenses...