How do you figure out what percentage for the CapEX block within the Rental Property formula? For instance if I know the property will need a new roof in 2 years...if gross income is $2000, would I put 20% in the CapE...
Hello,
I bought a building for $200,000, and was wondering if add the purchase cost to the building before OR after the allocated building % is applied.
VERSION #1
Purchase Price: $200,000
Purchase Costs: 5,...
Hey everyoneI had a question - would I be able to borrow just the down payment + rehab from a private lender? Or would I have to borrow the entire asking price from the private lender? The numbers work so much better ...
Found on MLS, 4 unit in desirable location in CO. Expensive at $880,000, after rents calculated on the low end of possible and expenses factored in it would cash flow $800-$900 per month, CoCROI is at 6%.
I have l...
I am reading the book, Building Wealth One House At A Time, and came across “Holding title as tenants in common” and was wondering if anyone has any experience with purchasing property this way? And if you could shar...
What is your take on renewing Absentee Owners direct mailing lists?I am sending out 5 different marketing pieces to each AO over a 2-3 month period. Scrubbing my list as I get returned postcards. How many pieces of m...
does anyone on here have any details on the 43609 toledo ohio area?
Prefferably id like to connect with some of you for further questions.
Im looking for single family housing and id like facts and statistics that a...
Hi all, I have read several articles and watched a couple of videos regarding house hacking and tax deductions with an eye focused on how to properly determine what percentage should be used for tax deductions, and it...
Hi everyone!
So my husband and I have an LLC together which currently owns our rental properties. The agreement states “the Percentage Interest in the Company owned by [husband] and [wife], as Tenants by the Entireti...
Hello everybody,I have read a lot of the old postings related to estimating the cost basis for depreciation of a rental property; however, I am not clear yet on how to answer the following question:In 2013 I bought a ...