Lou Ruggieri
First Big Deal (Round 2). Help!
Since my first deal fell through b/c the seller caved and told me he was taking his property off the market when I questioned him with a few things brought up by you guys, I'm now a firm believer in most of the advice...
Rebecca Bailin
CA resident with WA llc rental property
Hi Everybody,
I am a California resident.
I have a single member WA LLC that owns my share of a rental property in WA.
Gross receipts of the property are about 291K with very little net.
Do I have to pay CA B...
Flavio Zanetti
Anything wrong with this deal?
My partner and I are looking into this investment property... Initially, it looked too good to be true, but even after finding some hiccups, I still believe it will be a go - thoughts, comments, suggestions, concerns ...
Matthew McConville
50% rule question in analyzing deals
I am looking to buy my first property, a multifamily. I learned about how to quickly analyze deals using the 50% here on BP. My question is, when using this method, should I factor in PMI into your P&I if you are...
Alexander Stek
How to forecast expenses and profitability for an STR
Hi all! This is my first post here. I'm excited to learn more about real estate investing :)
I'm starting the search for my first STR and was hoping for some advice on my ballpark expense estimates to determine a pro...
Jake Hartnett
Calculating After Tax ROI
Everyone says real estate is a tax haven, but I'm wondering exactly what people mean when they say that. In my analysis I see real estate income taxed at a lower rate than my W2 income, but not decreasing my overall t...
Zac Vaughan
DSCR Breakdown - BPs NOI Calc
Hey BP community, I am currently looking at DSCR loans and my numbers never seem to add up to BPs, and I can never get a 1:1 it's always way less than 1. Here is an example of a property I picked out just for practice...
Account Closed
NOI, Cap Rate, 50% rule - putting them together
Hello,
I've reviewed the deal analysis page and read through the article shown here multiple times:
http://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/
1. It is known t...
Aldo Gonzalez
Getting Approved For A Mortgage Loan
Hey, my question is simple. I'm 19 years old and have little debt to my name except some credit cards for over a year now. As of right now my credit score is around 720, would this be sufficient to get approved for a ...
Adah N.
Ratio of RE Taxes to Gross Rent
My C+ class neighborhood is at 14.5%. Based on “preliminary” property valuation by county, I will not be surprised if they jack up taxes by 30% or more. I do not think the neighborhood can handle any more increase in ...