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Asking Price:$760,000
Actual
Scheduled Gross Income$140,704
Operating Expenses$63,773
Net Operating Income$76,931
Pre-Tax Cash Flow$44,197
No. Units:24
Building Size:17,800 SF
Price/Unit:$31,666.67
Property Type:Mul...
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Hello BP'ers,
I am in the processing of selling my property at $200K (Flip within a year time, so short term) and am wondering whether a 1031 exchange is necessary?
Contract Price: $200,000Property Cost: $(130,000)I...
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I'm new to the forms and to RE in general. I recently read a book by L. Loftis "Investing in Duplexes, Triplexes, & Quads"(2006). Based on some statements he makes in the book things seem pretty straight forward...
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Folks always say they verify income at 3x (or whatever ratio) rent. If you have multiple adults applying, do you look at each separately or in the aggregate? Thanks!
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Here is another one. What selling price would make this a good deal?
Asking 350k 12 units
Scheduled Gross Income: $72,000
Vacancy (5%):$3600
Effective Gross Income: $68400
Maintenance: $7200
Taxes: $12,600
Ins...
Hi BP - My primary job is 1099 income from working as an independent contractor (healthcare). I have been reading about carrying over tax deductions that exceed income on a rental to other rentals or to the next year....
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Just found a duplex that has some great improvements in a very large University town. Already has tenants and will not be hard to fill once those tenants move on.Market analysis says that other duplexes are going for ...
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I've been using the BP calculators. After I get the output, I am trying to reverse calculate these numbers so I can understand where they came from. I have been able to do that for all the calculations below EXCEPT th...
Hello,My name is Drew and I'm interested in BiggerPockets and have listened to couple webinars and a hand full of podcasts. Im really interested in investing in the Dayton, Ohio area specifically the 45403 area. I've ...
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how does contributing to a traditional IRA affect an application for a mortgage? Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage...