Jeff Tumbarello
IRS Taxstats 2009
The 2009 summary of US income and taxation
http://www.irs.gov/pub/irs-soi/09in11si.xls
To balance just one year's Federal budget, everybody's income tax would have to AVERAGE 50% to just break even with spending. T...
Michael Viele
gas station/ truckstops or restaurants
just wondering does anybody on here own have interest or invest in gas stations or truckstop/restaurant/gas staion
Andrew Hackemack
Rising Above the Competition in the Austin, TX Market
Hello to all my fellow BP members and followers! I want to reach out and open a discussion regarding the current market trends of REI in Austin, TX. For those veterans of Central Texas real estate, my question centers...
Tim Gathers
Should I buy apartment building with original boiler?
I'm looking at purchasing a 12-unit apartment building that has its original boiler, which is about 60 years old. Of course, I would have the boiler professionally inspected before purchasing the building, but I'm wo...
Brandon Brown
Replacing boiler and old forced air AC with Heat Pump in Chicago
My wife and I own a two-flat in Chicago, and we're planning to upgrade our heating system. Currently, we have boilers and radiators that we want to remove to create space in the basement for a future conversion into a...
Timothy A.
Hedgefunds Exit Southern California. Any impact to market?
Hi all!
I have a quick question. As many socal folks know, hedgefunds such as Blackstone have stopped being so active because the numbers no longer work. My buddy who was working there just quit because his t...
R Jenkins joshua
Gov't unveils plan to shrink some home loans
4 of the Biggest 2nd Mortgages holder are :
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Citigroup Inc
Bank of America Corp
Wells Fargo & Co.
JPMorgan Chase & Co.
It seems their never anything for Real Estate Inve...
Ed L.
Heat pump vs. Straight electric vs. Natural Gas??
Closing on another rental property tomorrow. Older 3br. 1ba home built in the 1960's.
Home currently has natural gas central unit with "NO" central cooling. The only cooling comes from window units. Pretty unusu...
John Public
Rental deductions
Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...
Robert Fountain
Is this a good deal. Looking for a second set of eyes
I'm looking to make an offer on my first deal. It's a 4 unit building with each unit having 1 BR / 1 BA. The analysis is below. The rent is a bit below market right now but all 4 units are occupied.The house is lis...