Bruce L.
Could someone plesae check my formula?
Hi guys,
Was wondering if you could check my Cap Rate & Cash on Cash Formula?
Also, if you could provide any constructive criticism.
PS.
I did not add Income Tax, Depreciation, Amortization and not appreciation ...
Rafael Norat
Identifying a multiple member LLC
How is it that a multiple member LLC is identified as having more than one member in any court proceeding?
My question stems from the protection aspect of multiple member LLCs potentially shielding the corporate vail...
Kevin C.
1031 Exchange mortgage boot capitol gains tax hit calculation
Hello guys,Just wondering if anyone can help me out here. Just about to close on a property soon and was wondering what my tax hit will be under these circumstances on a sales of a Los Angeles multi family property.Or...
Jay Dekker
Used savings for first investment....How to buy second?
Hi everyone,
New to the investment game and am looking for some great advice. I️ have not made my first purchase but am saving for that purchase. I’m thinking of my future and am not wanting to stop after just one inv...
Danny Colacicco
Getting a partner .... avoid having them steal your buyers list?
Hey everyone-
I have already developed a solid buyers list and have been doing a lot of marketing to get sellers. In doing this, I have been getting calls from other wholesalers asking me what kind of houses...
Andreas Mueller
A Skeptical Dude's Market Insights - No Job, No Problem Loans Making a Comeback??
Welcome to A Skeptical Real Estate Dude my weekly post on market insights coming at you live from Nashville, TN. Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all y...
Joshua Rogers
Return the Deposit
To keep this brief, I will simply highlight that a tenant agreed to another 6 month lease beginning in January 2015 (agreed via text...perhaps not the most legally binding, but nonetheless). They decided to move this...
James Grasty
Lender of Foreclosure is purposely withholding Payoff statement
I have a predicament and did a search, but could not find anything dealing with this particular situation.I am purchasing a home in foreclosure from a friend and am buying it via a new first mortgage through a escrow ...
Mark Fitzpatrick
Spending cuts, tax increases, or both? How's the debt ceiling debate going to work out?
With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...
Brandon Eleazer
Contractor wants in on the deal
Hello BP community,
I was talking to my contractor about a property I am looking to purchase in Northwest Philly.
Purchase Price $35k
Repairs $30k
ARV $90k
He could be interested in pu...