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Hello all,
I am doing my first short sale in Brooklyn. It’s been going smoothly thus far with submitting the paperwork. However, the servicer has not accepted our preliminary sellers disclosure twice now. Both com...
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I am looking for advice on a potential first time investment property. I am located in the Los Angeles, CA area.
The property that I am looking at is a duplex (zoned for three units - third unit could be built in the...
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Apologies first for such amateur question: in new developments, when construction companies quote construction cost for "$ X/sf", is this number usually "the total construction cost divided by living square foot ONLY"...
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I have been practicing crunching numbers on properties and since I havent found any blogs with examples for practice, I decided to put one together real quick for fun. Grab a peice of paper and write down the numbers ...
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Hello all,I did an analysis for a property I am interested in below. This home is owned by my family so it is off market. I was hoping to see better numbers and it was disappointing when I did not. Based on Zillow, th...
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Looking for insight on how my sister and father should split the profits from their first flip:The way it's worked:Dad put up $100k of the $114k sales price (bought on Auction.com in a "cash only" transaction). Sister...
hey guys, quick question
when calculating the cash flow or the COC % on a rental property, how does budgeting for CAPEX get factored in?
say i know in 5 years ill have to do the roof and it's going to cost me 15k...
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I'm considering selling a property I own outright (worth 150k) and then, after realtor's fees, using a 1031 exchange to use the return from that sale to fund three or four new houses (30-35k down each). I understa...
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Using the following tax assessment what is this house currently worth / assessed at, $322,500? What is "land" and what is "improvements"? I can figure out most of the record. Im curios to know so that when I talk to...
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Let's say, for example, I put a new roof on a rental and it cost me $7,000. I've since depreciated a total of $2,000 of the roof's cost on my annual taxes each year since.
When selling a rental property, Net Adjusted...