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I'm in an LLC and we jointly own a 5 unit multifamily property. One of the partners is interested in selling their 2/5 share and I'm interested in purchasing. To facilitate this, we had an appraisal done on the 5 un...
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Hello everyone!I'm beginning to scale my rental portfolio and using funds from a HELOC to cover cash to close on my properties. I was using HELOC payment calculators online to gauge the cost of the cash to close per p...
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If you buy $100 worth of sheet rock for your rental property and the tax is $8, how much can you write off on your taxes? The whole $108 or just the $8 in taxes? I assumed the whole $108 amount since it was building m...
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I purchased a property for 600k. It originally produced 100k per year and nets 50k so my cap rate and ROI would be about 8%. I got a mortgage for 200k to rehab the place. My new net income (after mortgage) is 70k now ...
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on some of the podcast and videos I've been watching I've heard people discussing things like C homes in B neighbourhoods. How can I learn more about these grading systems and how to determine what grade a neighborho...
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Im looking to expand my str portfolio and looking for help in how to analyze a property that has 3 units. I have gross figures for past years but how do I go about calculating adr and occupancy?
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Any advice on Submetering water in Chicago?
Online search results point towards Guardian, can anyone recommend any other company to compare quotes and service?
Any help would be great.
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I am seeing two 12 unit Multifamilies in Milwaukee WI this weekend.
I’ve run the numbers a bunch and am having trouble coming up with a good number to budget for cap ex and repairs.
For Capex I have an estimate for ...
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I am buying a property that includes both a stick-built home as well as a mobile home. I have to decide whether to keep title on the mobile or eliminate title. I'm not sure of the advantages or disadvantages. Any t...
The question I have is regarding Rehabbing distressed properties and then using them as rentals. Do any of you focus on this type of investing? If, so what formula ( or guidlines, no one formula ) do you use to dete...