My husband and I happened upon a 16 unit multifamily property close to a college campus. It’s a 10 unit building with 3 duplexes on the same lot. All of the windows and doors are boarded up, but it had tenants as rece...
12/26 Deal AnalysisI use Dealmachine to drive for dollars and on the road I came across a vacant property. Its been vacant so long it looks like a wildlife habitat. Absentee owner. I want to walk into every appointmen...
I'm trying to understand the exact requirements on a 1031, but keep getting confused. I know... "talk to a pro for my specific needs"... and i will before taking action, but I'd like to understand my options before p...
Lets assume you have $1500 in cash after all opex (maintence, taxes, utilities, insurance) is deducted. $100/unit income also deducted.
What are you willing to pay? Do you just plug it in according to debt terms?
$1...
So I am self-employed and currently have no W2 income. I have found a deal that seems very intriguing on a duplex, and I wanted to hear opinions on how others would go about this deal if they were in my situation. The...
A few quick questions about the 1% rule while digesting the BP Intro to Real Estate Analysis.
Do you subtract vacancy from gross monthly rent to get the numerator?
What do you use for the denominator? A...
Hi there. I've been curious/interested in REI for some time now and I think the time is right. I happened upon the HUD website the other day and narrowed down the search to my neighborhood. I found a deal for a place ...
What formula do investors use to calculate expenses, do you subtract fee percentages from total expenses?
Hey Everyone!
I’m looking at house hacking a 4-plex. I’m going to live in one unit and rent out the other 3 witH MY VA Loan. Should I analyze the property at 75% or 100% occupancy due to me living in one unit? If 75...
I would like to buy a duplex however, the street it's on is full of duplexes. Some of them look the exact same, some of them are 2 storied.
The property is in foreclosure for 65,000.