Brian G.
24 unit Apt Deal
Here is a deal I've come across and was hoping to run some numbers by you guys to see how my deal analysis skills are coming along. PLEASE point out any errors/misassumptions.
Deal Information As It Was Given To Me:...
Jameson Dixon
Advice on next step
Hello! I bought a house in Tinley Park in 2021. Current mortgage is 1748. Interest rate is 3%. I have renovated most of it (new hardwood floors, removed walls, paint, new banisters, furnace, roof, HVAC, cabinets, app...
Andrew Sampino
Revisiting the duplex deal in Dallas, TX
Hi everyone,
I recently posted about a deal that my friend was considering in Dallas, TX; that post is below and labeled "original post". We've looked at the numbers a little more closely and changed up the strategy ...
Anthony Wienke
Are these financials poor performing or am I missing something.
So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...
Carlos Perez
Quickbooks Special Assessment Tracking
Hi, Not sure if the tax forum is the correct section to post this. Its accounting, but eventually about tax.How should Special Assessments be tracked in Quickbooks? And how do I depreciate/tax it?My HOA created a spec...
John Yowpa
loan questions regarding money loaned to LLC
hi allMy wife and I started two LLCs recently.LLC #1 is her non-profit. This pays rent to LLC #2, which has the mortgage for the property.In order to pay for the property we of course has to use personal finances for ...
Dexter Harris
What’s a Rule of thumb?
What’s a rule of thumb for Utilities (Water and Sewage, Electric, Gas) per door number? If there is a such a rule? I’m aware of the RUBS system. If you don’t have the historical from last year, can we use a number per...
Shahdan Calcuttawalla
Partnership Tax Advice
123 N Shore Owned by Partner A worth $105,000123 Coffee Bedford owned by Partner B worth $55,000ABC LLC has $1500 in the Bank, Partner B 51% Partner A 49%. In company resolution is it passed that Partner B & Partn...
James L.
Anyone from NYC Investing in Texas
Hi everyone! I'm James. I currently live in New York City, but plan to relocate to Dallas in 2 to 3 years - which is why I am looking to invest in rental properties (single family homes) in the DFW/North Texas area ...
Aron D.
Help Analyzing some deals
1) Price: $249,000 (duplex in class b, c area/San Diego, CA) Shortsale and appraisal came in at list price, orig. owner purchased for $475k in 2005
Owner pays utilities, tenants pay elec., gas
2 units rent for...