Dan Turkel
How to track income/expenses when income is net of fees
My property manager uses Appfolio. When I receive my rent payment each month, it’s put into my account as a single deposit. This number consists of the combined rent for all of my properties. It is also net of all exp...
Zerrick Currie
Virtual Bird dog Nets $1000 Per MONTH for the next year!
Greetings Biggerpockets Members! Its been a while and BOY has it been a good thing! (Minus missing everyones recent success) Ok, Let me get down to it.
Biggerpockets is the website that saved me from buying a ...
Nick Harz
What is the ROI (gross and net) for STR in OBX?
I am looking into STR in OBX, what my research shows so far is you get around 10% of house value gross rents annually. So if I buy for $500K, $50K in annual rents. Sales Price: $500KGross ROI: 10% = $50KPM + Maintenan...
Nadine Massarelli
Capitol Gaines tax: Does it eat away your net profit margin?
Our IRA adviser is trying to convince us that capital gain taxes will eat up our profits and want us to keep our funds in the IRA or transfer them to a 401K instead of closing these accounts and investing them in our ...
Saul L.
Square Footage - Net or Gross - Clarification- Co-ops or apartment buildings
Hi all,I was wondering if anybody can give me a qualified answer to the following:When searching on internet data bases- (for example Zillow, Trulia, Street Easy and others) their is usually a square footage given for...
Lawrence Paul
How long before most banks calculate Net income/loss on rental???
Hello again,So, my current bank requires me to wait a whole year before they calculate net income or net loss on my first rental property.Needless to say, I am not thrilled because I bought undervalue (20%) and forced...
Jean Paul Castellanos
1183 NW 26 ST, MIAMI, FL 33127 | NET PROFIT OVER $200,000
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $99,800
Cash invested: $150,000
Purchase Price: $99,800 + $3200 Closing cost = $103,000
Rehab: $50,000
ARV: $250...
Ibn Abney
BRRRRR.. 100% cash back, 35% equity, $400 net monthly w/ pics
Wanted to share a recent deal we did. So much disrespect thrown out towards Chicago and specifically the South Side of the city, I hope the numbers will change a few minds.In the words of a local developer I highly re...
Craig Markhardt
Take out of sheriff's certificate of sale nets $85,000 on terms
Investment Info:
Single-family residence private money loan investment in Sioux Falls.
Purchase price: $85,000
Cash invested: $75,000
Sale price: $245,000
Redemption property purchased after the ...
Daniel J Welsh
Make Money Buying a Property?! (Aka Net Cash Positive on Closing)
Heard a few times in podcasts/live real estate presentations where people were essentially "paid to close an investment property deal"? (aka they bought a property and had more money in their pocket at closing then th...