Ben Kirchner
Use TurboTax or hire CPA?
I've always used TurboTax for my taxes. Been acquiring rental properties over the last 3 years and still get by with TurboTax. The time commitment is not an issue with me, but I certainly would be open for hiring a ...
Sean Dezoysa
How to figure market rents?
I live in CA where MH parks are around, but not very popular (about 4.5% of total residential housing). Finding the lot rents are easy enough, but how do I find what the unit itself would rent for? (I plan on buying u...
Christopher Abele
Seeking personal experience: Subsidized housing impact on market
I'm looking for some feedback based on other investors experience. We live in a B class suburban neighborhood in the Midwest and are under contract to purchase a property in a nearby C+ neighborhood (closing in less t...
Mae T.
importance of market value
i do need your opinions for property investment.location seems to be important, i found this condo close to shopping mall and grocery store and university. but what if you find out that the seller's price seems to be ...
Jeff O'Neal
Broker Pro-Forma vs Income Statements
I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...
Rick Oaks
Help with purchase of storage units
Anybody have experience with purchase of Commericial storage units. I have been offered to purchase a multi unit Commericial storage complex. Not sure how many units (various sizes) Income is $5500 /month What wou...
Justin Greenwood
Real Estate Property Analysis Question Related to Taxes
Hello Biggerpockets community!I'm a new investor. I bought Frank Gallinelli's "Mastering Real Estate Investment: Examples, Metrics and Case Studies" to practice analyzing property data to determine if a product was a ...
Kurt Granroth
Determine Adjusted Basis and Sale Price from LP K-1 After Sale
Let's say I was an LP on an apartment complex that sold this year and while answering TurboTax's questionnaire, it asks for two very fundamental bits of information - the Adjusted Basis and Final Sale Price. As basi...
Jack Frost
Sensitivity Testing properties
Big companies use sensitivity testing on ROA's(return on assests). They run the numbers at the projected output to see if it is a good investment, then they run them at 90% and 80% to see if it still cashflows. Is ...
Caleb Morris
9 Unit Apartment Analysis
Hello, I am a real estate agent in St. Louis. I am currently working with as many investors as I can to try to gain as much knowledge as possible before jumping into my first deal. I have found a 9 unit apartment comp...