What can you do if you have more than $500K in equity when selling your primary residence? Can you "1031" the balance or any other restructure to not pay tax on the gains?
So Im looking at making an offer on a 6 unit property. Its a duplex up front with a 4 unit built in the back. Needs alot of work and currently only has one unit occupied. My question is how should I value the proper...
Need help investors that buy and hold properties. Would you consider this a good deal?List Price- $750,0002 Units- Each 3 bedroom 1 bathroom with 5 parking spacesPotential Rental Income: $90,000Less Vacancy Rate: 0%Ef...
Hello Everyone,Looking for some good rules of thumb when pulling comps on a property. When I pull comps. I try and stay in the same subdivision by not crossing main roads. For square footage I try and stay between +/-...
Introduction:
Investing in multi-family apartments can be a lucrative venture, but it requires a thorough understanding of financial metrics such as Net Operating Income (NOI), Purchase Price, and Capitalization Ra...
Hey there! I heard on a podcast. I'm not sure which one that's my problem. Anyway, I'm trying to find out the formula that people use in evaluating deals. I heard it on a podcast many months ago. I'm not sure who it w...
Happy Monday BP!I come here humbly saying that I'm not sure of the next move. 12 months ago almost to the day my dad and were very blessed with some great guidance and advice and jumped into the real estate world not ...
Hi friend,
As you may or may not have heard, today's real estate expenses and write-offs may have a severe negative impact on your ability to qualify for Conventional financing tomorrow. And compared to other financi...
TLDR landlords can't charge more than $300 for pet deposit effective January 1st and as far as rent, no more than $35 or 1.5% of the monthly rent, whichever is greater. There are a lot of other interesting tidbits in ...
I recently read Brandon Turners book on Rental Property Investing. I talked about the 2% (rents should be 2% of sale price) rule and 50% (rents should be multiplied by 0.5 - principal and interest if mortgage) rule. W...