Madhav Chhura
First time Investing in Inland Empire Area - Need help evaluating
Hi Bigger Pocket Folks!!
I am new to real estate investment. I have been educating myself on how to evaluate properties and invest in rental properties by reading books, listening to the podcasts and following the...
Edward Dones
Almost closing seeing if it's a good deal
hey BP family have a question on a 2 family house I'm planing to purchase and hack In the Springfield ma area. The property is listed for $149,900 and I believe I will get it for $138k, if I do the PITI will be $1127....
Kathleen Heine
Deciding on an Offer for an Apartment Complex HELP!
Hello,I'm hoping someone can help me a bit. I've been working a lead for over a year now and I finally have a little traction. I'm trying to analyze a small apartment complex that is mom and pop owned. 18 units 9 1 be...
Jason Malabute
monthly expenses in NoHo, Northridge, Glendale, Tujunga, ETC
Hi All,I was wondering if in sub-markets in Los Angeles like (Eagle Rock, Glendale, North Hollywood, Hollywood, La Crecenta, and surrounding areas) do the tenants typically pay for their own utilities, sewer, garbage,...
Jason Malabute
USE BOTH UNITS IN ANALYSIS BUT ACTUALLY LIVING IN ONE
I heard Brandon say that when dealing with an owner occupied duplex you should analyze it as if you renting out both units even if you're actually living in one of the units. The idea of thought behind this is that yo...
Azin Eftekhari
Depreciation not enough to offset taxes
Hi,
If the yearly depreciation is less than the Income minus all other expenses, do we need to start paying taxes on the left over income?
example :
Net Income : Rent - (mortgage+insurance+tax+expenses) = $7,500 ...
John Lee
Accounting question for personal loan with title in LLC
Hi guys,I know there are tons of discussion regarding getting a loan under your name and putting the title in your LLC.May be I am not looking hard enough but I can't seem to find how to do accounting in this situatio...
Stephen Shelton
With rent, what gets taxed?
I have a question on what gets taxed when it comes to rental income. Of course there are loads of other factors but I'm looking for general answers for someone living in the US without state income taxes.For example,...
Hariharan Elavarasan
House Hacking Expectations
Im noticing that some properties are efficient for rentals, but no so much for a house hack. During the analysis phase, whats a good cash flow on a MFH when house hacking? I'm aiming for properties that have a 200+ ca...
Dennis Walker
Self Directed IRA Fees?
I have an SDIRA. My Custodian is telling me that I can pay their fees with funds from outside my IRA. Is that right? I know there are other fees and expenses that I have to pay with funds from inside my IRA. So now...