I was just wondering if maybe one of the administrators could give a estimate as to when the wholesaling calculator on BP will be available. I'm extremely anxious to use it. Thank you!-Josh
Do I factor the taxes and insurance into the 50% expenses? Half of gross rent minus P&I, or half of gross minus PITI?
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 ...
I've been thinking about making the jump to larger apartment complexes and reviewing a lot of T12s to understand them. One thing I find very misleading is that they seem to throw a lot of things into Capex, the 9400 s...
Hello all I am a new to wholesaling and I have 2 questions, my first question is what is a common range of the closing cost in the Memphis Tn market? My next question is how do I find the comp on older homes? Can I ju...
Hello all! I recently came across a great triplex in my area that I'd like to house hack. Before putting in an offer yesterday, we found out that it was originally a SFH that the owner added two additional units to. U...
We moved in 2017 and started to rent our house out. Can we claim depreciation on our home?
According to this video: https://www.youtube.com/watch?v=yKg5ca8Em30This guy converted a pre-foreclosure owner into a paying tenant. How would the numbers work on this? From my experience the mortgage is usually highe...
Hello everyone,How much is a bedroom worth in Brooklyn NY? What percent do I subtract from a comp sale price to get an apples to apples comparison when calculating ARV? How much do you adjust for the age of a house in...
Hi, I am getting my cost segregation study and need to know how to report this in my taxes. Any help would be appreciated. I have an idea of how to do it: -lump the 5 year items together in the assets worksheets, de...