Hi All. I am entering into a contract for a Mobile Home Park (MHP) soon. The seller and I have already agreed on a price and I have received the contract. Before I move to the next step I have been reading a book from...

I would like input from the group on how you might structure a real estate construction contract with your contractor to do a rehab project for you in the area of time management of the project. Specifically, what you...

How does one evaluate the value of a triplex using income? If for example, rental income is expected to be $3000, how does that effect the valuation of the triplex property?I know how to analyze the cash flow, the Cas...

I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...

Hi biggerpockets!

First off love the forum!

We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...

Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...

How do you increase your cash flow and minimise your expenses on your portfolio.Be interested in what you do

Do rental losses need to be used in the same year?Example: $15k in personal income but also $12k in real estate losses.If there's enough deductions to not pay tax on the $15k, then what happens to the $12k rental loss...

If I want to continue to live in my primary residence AND now rent out a portion of it to a renter, am I able to do so?  Would I have to inform the lender?  Can I then treat my property as an investment/income propert...

I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...