Justin Kestler
Buy 2nd Multi-Family Vs. Renovate Current For Higher Rent
Hello! My Name is Justin K. and I currently reside in Lakewood Ohio (a suburb on the west-side of Cleveland). I bought my first duplex 2 years ago and I currently live on the top half with two friends from college and...
Mike Micai
Looking to become a first time landlord
So we found a property that we think might make a good rental property. It's in NJ, not the best area, but it could be worse. It's a duplex that is pretty nice. Sale price is 159,000. I'm wondering if we can get t...
Steven L.
Help Analyzing a Deal
Hi - I started in earnest July 4th Weekend. I have a $1.5M deal I would like to walk through with someone who is experienced. It is a 24 unit Apartment in WI. From the CAP Rate & Gross Rent Multiplier and oth...
Meshael Eady
Comparing and Adjusting comps
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...
Philip Johnson
Reporting Bonus Deprecation from a Cost Segregation Study
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...
Maddy Lakshmanan
How to evaluate a AIRBNB condo
I never bought a condo. I'm looking to buy a AIRBNB condo, and convert to a regular investment condo. Any suggestions how to evaluate the condo?
Josh Numa
How to calculate value before ARV?
Need to asses a property 4, 2 that due to need of repair is barely a 2, 1. Roof is damaged and exposed in some areas and no kitchen. How do I calculate that to give current value?
John Public
Rental deductions
Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...
Tony Parker
How should I structure a deal here?
Hi BP! First time posting. Just wanted to get your valuable inputs.So I'm in contact with a seller (probate lead) who is motivated to sell his deceased relative's property. The property has fire damage so the kitche...
Britt Clark
Advice on Buying a VA Foreclosure
I have an opportunity to buy a home that is a VA foreclosure. I’ve looked at the property and think it’s a good deal if my offer is accepted. I haven’t officially made the offer. But, I do have my number in mind.My co...