Click on the pics above for the MLS listing^^^^^^Sorry for the dramatic title but I am really having issues with my numbers. I was hoping some of you guys could help me out. This is my first investment property. I've ...
What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...
For those who manage 3+ flips at a time, I'm curious what bookkeeping software you use and how you keep all the expenses properly matched to each property. I use QBO for my corp books and Stessa for my rental portfoli...
Hi BP community! I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay ...
I have been analyzing numbers on duplexes over the past month or so and I came across one that stood out to me. Asking price is $97,500. Mortgage with insurance and taxes included would be right around $500 per month....
Hi everyone, just thinking outside the box here. Anyone with a business that has used their "business available credit" to purchase real estate? What bank or loans do you apply for?I do have an LLC and im just buildi...
We are selling our condo. Buyers did inspection but now want to see the condo 2 days before they sign with the lawyer because they say they want to inspect the condo after our tenant moves out.Is that a common practic...
For tax purposes, I have established an LLC that my 1099 commissions get paid to. However, my tax form won’t say I personally am making that much money because most of the money is going to the business. Am I able to ...
I know typically there is a huge benefit in writing cash offers with no financing contingency.
Is there the same (or similar) benefit when writing on HUD homes? I know the formula to win a HUD bid is pretty simple....
This property was a typical run down rental that you see frequently in San Antonio. It is a 3/1 and was built in 1951.I bought it through a TX contact, and we did a full rehab and flip. It took about 70 days to finish...