I had a real quick question to see if I'm in the ball park. I want to buy a 4-plex and trying to get my depreciation number down. The scenario I have is if my 4-plex is worth 184,840 with land already subtracted would...
From a modelling perspective what are the typical seller costs (fixed or % of sale price) that you model for closing costs on small, 10 - 20 door properties?- Broker’s commission(s), Title, Recording, others?Which of ...
When starting a Lease Option business:
Do you need a business license from City Hall?
What if Sellers want references, and you dont have it./I do not have a website, yet?
I'm leary about putting my name on contracts....
Hello,
I was wondering if anyone had a good tenant application form along with a good lease option contract that favors the seller more then the buyer.
I understand that when doing an lease w/option that the tenant/bu...
Long story short, I made an error in respects to an IR. Thought payments were prepaid for 3 months. Right before the virus madness, the lender I was in the process of refinancing with denied the loan because there wer...
Hey BP.
I had a discussion with a friend about real estate investing in which he stated that all finances used towards down payments for a mortgages can be considered a "loan" to the business and thus recouped 'tax f...
Hello all,Please forgive the error in the title, I am asking about HAMILTON COUNTY. Changed it in the body but couldn’t figure out how to edit the title.
I have a rental property in Cincinnati, Ohio, purchased Feb 2...
I have a tenant whose lease is not up until May 31,2020. She wants out of her lease by February 1st. to move to a larger apartment. She is willing to try to rent the apartment, but wants to use her pre-paid last month...
I’m looking for some literature breaking down the closing costs for a multi family property purchase in Pinellas County, FLAny help would be greatly appreciated
Hello BP,
I'm working a deal with a vacant property but I need to get some numbers right before making the contract with the home owner.
I'm in Atlanta Ga. and I wanted to know if there is a guideline or % on how m...