Joel Contreras
Turnkey OOS Investing
With 20-25k saved for a down payment, would it be better for one to invest in one 80-100k rental or two 50-60k rentals as far as turnkey rentals go?
Derek Foreman
Income, Credit Lines, and Taxes
My partner and I are wanting to use our credit lines for personal expenses while working on our flips. This would do 2 things: 1. Ensure that we have some income while working on said projects. 2. Lower our total tax...
Jennie Jones
Operating expenses for good deals
My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...
Sandy S.
4-plex deal analysis
Hi BP!I found a 4-plex in my area that I'm thinking about putting an offer on. However, this would be my first property, and being a noob, I'm in a bit of an analysis paralysis state. I wanted to post my numbers here ...
Jake Brown
DSCR and Loan Covenant Question
Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...
Jay Helms
Rental Calc question
#AskBPSo I have an opportunity on a mutli and playing around with the rental properties calc here on BP (unlimited usage is why I upgraded to Pro - worth it). All my #s stay the same but altering the income /expense y...
David Cable
Newbie requesting assistance evaluating a multi-family complex
I am reviewing a multi-family complex for my first investment purchase and would greatly appreciate some experienced insight into my evaluation of the property.... Info provided by seller:Requested Purchase Price - $...
Luna B.
Postponing rent collection to lower taxes
I need to lower my rental income for this year due to some other income coming in.I know I can prepay certain expenses at the end of the year since I do cash based accounting. Now I am wondering if would work to have ...
Nigel Ford
rental house expenses
Ive noticed not surprisingly that when I lower the expenses evaluating a potential rental house, its much easier to find a good deal that cashflows. In John Shaubs book "building wealth one house at a time", When h...
Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...