Brandi J.
No comparable, what to do?
Hey BP fam. How should we determine ARV on a property that's in a nice area of Macon, GA with no similar comps nearby? The house we have under contract is 5 bedrooms/3.5 baths with 3 levels, on a 17,000 sq ft lot. How...
Shima B.
Help with a sticky situation
Hi all, this is my 1st post!
I have been trolling the forums, reading blogs and listening to podcasts and now it's time to jump in!
So here's what I've got (as a newbie, I need some solid guidance):
1. Have a distres...
Samuel Kunzman
Tax Implications of a Cash out Refinance
Hello, I am trying to determine whether the interest on a cash out refinance for an investment property is tax deductible. I know on your home if you do a cash out refinance that you have to spend the new delta of loa...
Eric P.
How much to offer on off-market property?
I'm about to reach out to a home owner, best neighborhood in the area and this house looks a little forgotten about. Doing a bit of research it looks like the owner is 69 years old, "purchased" the house in 2003 for ...
Ashley Wilson
Why Insurance, Not Interest Rates, Could Be the Real Threat to Multifamily Housing
From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...
Jim P.
Best way to sell a 8 unit apartment building?
Hi,
We own a 8 unit apartment building in Ohio that we are thinking about possibly selling if the price is right. I am not entirely sure how the market has been headed recently and may not be the best time.
Only re...
Minh Lai
Are operating expenses tax-deductible? & Other Tax questions
Hello, I got some caffeine in my system so let me know if you do not follow. 1a) I know that Interest on the mortgage is deductible 1b) I know that property depreciation is tax-deductibleTotal Tax Deductions = (Inter...
Jeff James
Ignorant Questions From A Newbie
I apologize if similar posts have been made. I am new to BP as well as RE investing so I am still learning how to navigate around the website.Due to my inexperience I have some questions that are quite basic but are ...
Iverem Rose
Wholesaling Multi-family properties
Hello BP CommunityI came across a nice 8 fam property in Brooklyn for sale for about 2 million. I know i can find a buyer for this property but i don't feel comfortable wholesaling properties over 1 million dollars. S...
N/A N/A
Net Operating Expenses
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...