Dan Griffin
Walk me through how taxes work
Hi,
Can one of you walk me through how taxes work on an investment property?
Let's assume the following. 50k property.
Income - PITI = $910 in cash flow for the year
Rental income - (Intere...
John Romero
Starting out with a Plan
Hi All,
I guess you can say I have information overload!! Been reading tons of forums, blogs, and articles here on BP. I have a few questions, maybe someone can help with the answers...
1. How should a beginner ca...
Rae Bryant
Triplex opportunity - do these $'s really work? ADVICE PLEASE
Hello BP community - this is my first forum post :) After several sleepless nights I decided that it was time to turn to the professionals for guidance!
My initial REI plan was to BRRR however I came across an MLS li...
Joseph Scorese
Key Differences Between DSCR & Cap Rate that a Real Estate Investor Should Know
As a real estate investor, understanding both the Debt Service Coverage Ratio (DSCR) and Capitalization Rate (Cap Rate) is crucial because they serve different purposes in evaluating and financing investment propertie...
Lori F.
Selling a property acquired through a 1031 exchange
I'm considering the sale of a property I acquired in 2014 through a 1031 exchange. I would be doing a straight sale, not another 1031 exchange. I'm having trouble finding a formula to help me figure out what the tax i...
Tyler S.
wholesaling costs
After taking 70 percent of market value and minus rehab costs and my assignment fee, what other costs do i need to figure in to make it a good deal for my end investor when im wholesaling a piece of property?
Ben Kerfoot
Newbie real estate investor from Meridian, Idaho
My name is Ben Kerfoot and I am an accountant/bookkeeper starting to get into real estate investing. So far I have teamed up with my parents who currently own a rental free and clear. I plan to use the rental for a l...
Matt McCourry
Are my numbers to conservative?? And, what should be included when calculating a cap rate?
Hello Multi-Family investors!I am posting my struggles here because Multi-Family is my primary interest and I own 4 units (2 student housing duplexes) and want to grow my portfolio. However, outside of student housin...
Felix Wisniewski
Taking a Rehabber to Lunch!
So I'm taking a rehabber/contractor out to lunch next week and I wanted to have some really good questions to ask him to get the ball rolling. Im sure hell probably be controlling most of the conversation, but any ...
Doug Lowery
Fix & Flip
I would like to know what is the correct formula to be used when investing in fix & flip properties.I have read and seen the following and have gotten a little bit confused as to the proper formula I should be usi...