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Hi, I am trying to analyze 1 property a day to practice, but also to find one to purchase. This one is a bit out of the city so I set a conservative rent amount of $1,200 for a 2/2. Similar units in a more dense area ...
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Considering at purchasing a 17 unit, 1-5 units per property, $1Mish package deal. There seems to be limited financing options. Looking for lowest down and monthly anybody got goods leads on financing options?
Hi all,I am looking to get some insight/advice on different avenues of raising capital. I am looking for flips in the Southern California area. I have one flip under my belt and looking to put my profits to work. I am...
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Hello BP,I came across a property that is zoned as a Single Family Residential, but the seller claims that it's a Duplex since it's a 2 unit (1 up, 1 down). I found out that it was zoned as RM-36, and I was wondering ...
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I am a software engineer working in Bay Area. I found out that:
Case 1. When doing business loan for 4+ units multifamily, my W2 can not be used to calculate DSCR. For the top tier area like Palo Alto where cap rate ...
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How do partnerships decrease or eliminate SE tax?? Are both allowed to be limited partners? Is the only way to create an LLC and 2 S-corps, one for each partner?? Who's the smart one that knows this answer?
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Hi all,
Is RUBS legal in California? Also, if the tenets already pay for their own electric and gas can you use RUBS (if leagal) for water and sewer?
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What are the tax ramifications of deciding not to rent a rental property and just leave it empty?
This is a property purchased via 1031 exchange, rented briefly, and depreciation has been taken for 3 years.
Long ter...
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is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if an...
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I'm interested in buying, fixing and flipping my first property. Does anyone on this forum have experience flipping in deed restricted communities {age restricted 55 & older}. The properties appear to be relativel...