Michael Patterson
First SFR under contract!
We signed the contract yesterday on our first deal! It's a VA repo property that is next door to my in laws. It was listed for a while with no offers, so we low balled it. After some negotiation with the bank we go...
Cory St. Esprit
Evaluating Area Vacancy Rates (Grove City, PA)
I am a restaurant franchisee w/ 28 units and I've started buying up the real estate. I'm currently looking at adding a restaurant to the portfolio, which includes the real estate. It's a main street property with the ...
Hilary Hageman
"The Mansion" Quad-plex Deal
Hey friends,My husband and I have a SFH rental that has been cranking for us for 2 years now and we love it. Looking to step-up by purchasing a quad-plex and found a property we love. The property is certainly uniqu...
Mike Rodrigues
Tax Implications for Renting out Rooms in Primary Residence
Hi guys, I have searched the internet far and wide, but still have some questions/concerns for filing my taxes this year.
Basically, I own a 3br 2.5Ba townhome that i purchases for 140k with 40k down, my total paymen...
Tiffany Dixon
Should I wait the 90 days?
I purchased a home on the MLS less than 90 days ago and renovated the home. The project got finished quicker than we anticipated. Should I list it on the MLS now or wait the 90 days?
Dave Grimson
Property analysis - too good to be true?
Hey everyone, i've been analyzing a lot of deals lately and want to get some of your thoughts on this property and my analysis. The Property:2 family property, 864 sqft both units, 1860 yr builtunit 1 is 3 bed 1 bat...
Larry H.
Calculating Net Operating Income
What costs factor into the Net Operating Income equation? Do I factor in ALL expenses associated to the property such as my maintenance and turnover costs into it, or is it strictly the recurring monthly operating ex...
Adoney Reid
Why is P&I included in NOI
Hello BP Community, Why is P&I / Debt service included in NOI and not factored into operation expenses when adding up GOI ? My thoughts are that because;1. Interest payments can be seen as a return because its a t...
Sriram Kumar Bikkina
What is Considered Positive Cash Flow?
Hello all, I have a basic investing question: What is considered a positive cashflow when we borrow 100% of the money to invest in a property?In general and simple terms, it will be the money I gain over the money I s...
Jordan Zoucha
First secondary property-nervous? Good idea?
Hello. Looking at purchasing my first secondary property. Would plan to keep my current primary residence and turn it into a rental. Not sure if its a good idea. Could you experts take a look and give your thoughts?
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