Hey everyone, I'm evaluating an apartment complex in Central Texas. After going through the proforma I made, my NOI seems way low. I can't base the expenses on real numbers, due to not having anything that's current (...

Hello All,I'm still learning the 4plex game but recently purchased a 4plex in Alaska back in March 2016 and moved into my unit in May 2016.  There were already existing tenants and I had to give one the boot to move i...

Hi all.  Newbie here.  I noticed Brandon Turner often mentions his tenants pay all the utilities in his rentals.  That was a new concept to me, since every apartment I had ever lived in the landlord paid water/sewer/t...

Hey BP!
I'm diving into QuickBooks Online for the first time and could use some guidance. To give you a bit of background, I know very little about bookkeeping beyond managing my budget for the last three decades (ug...

3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...

I'm not educated on the short hand here.  Can someone explain to me what this add is trying to tell me about the returns on this apt building?  Particularly the 2nd paragraph.  I think they are trying to say a 435K in...

hello BPIf I have a LLC that gets 100k income yearly, can I use 100k to purchase a propertyOr I need to pay taxes on the 100k and only with what is left to purchase the property

This is an preforeclosure in sale coming up in about 3 weeks. the seller is going to lose it and will sell for 495,000.

its 44 units
need about 10k for two boilers and some paint

gross monthly potential rents are 18...

Here's a property I've been considering

* 4-plex in Ontario, Canada
* Gross $23,760
* Asking $189,000
* Actual expenses: $7531 (3600 heat + 720 electric common areas + 1200 water + 2611 property taxes + 600 insurance...

Hey Everyone,I'm trying to put together a Discounted Cash Flow (DCF) analysis of a potential 5 unit commercial property that I'm looking to purchase. I'm new to running this type of analysis so bear with me.In calcula...