Hi, I am looking to purchase my first investment property. Currently live in California and own a home. I am interested to purchase multiplexes. Are there any areas in US that have positive cash flow? I have savings o...
I'm having trouble finding a definitive answer on this. Assuming I purchase a house with the intent to fix and flip in a 6 month window, do the carrying costs I pay increase my cost basis, such that my taxable profit ...
Hi Guys! Evaluating a deal at the moment and I am curious how you would calculate your CAP rate. Once our building is stabilized we are anticipating a CAP rate as follows (backed by market data): 1. CAP of 9.57% if we...
Have an accepted offer to purchase a two-family at 900k. Comps estimate the appraisal comes closer to 850-870k and I’m not willing to cover the difference. What negotiations can I pursue as I gear up for the inspecti...
As an exercise, and to practice running the numbers, I decided to evaluate the investment potential of the house I currently live in and treat it like a live-in flip. (It was purchased new 3 years ago and we have been...
Don't be Afraid of the "Eviction Moratorium". Here are the facts for landlords. (not legal advice)It turns out that the Federal Moratorium on evictions only applies to homes/complexes with federally backed mortgages/l...
We have only owned duplexes up until now. We are in the process of buying a large commercial building that we plan to section into 3 units and rent 1 unit to our s-corp contracting business. The other 2 units will be ...
Hello. I am an aspiring investor and my wife and I recently bought property (a condo) back in June (our first future investment property). At the time it was all we could really afford here in San Diego, CA. Today I u...
I'm purchasing a duplex in less than two weeks and my banker called and said instead of putting 20% down, I could put 10% down and my payment would only go up $80 a month including PMI, so I can save over 10k on DP an...
Fairly new investor here just finished a house in Long Branch NJ. I was wondering what other builders and investor put into their final calculations. Purchase price, construction costs, holding costs taxes, insurance....