Michael Callahan
Capital Gains Tax on Property Sold by an LLC
I am under contract to purchase a condo in NH in my name to be used as a STR. We are paying cash. I plan to transfer the property into a multi member LLC (myself and family owned) shortly after closing. My question is...
J K
General Vacancy Rate
I am in the process of purchasing a 2 bed, 1 bath 1000 square foot house on Cape Cod and have run all of the numbers. The final number Im looking for advice on is vacancy rate. I know this number could be 100 or 0, bu...
Araz Jerahian
Is this a good deal? (serious question)
So I was sent the below. Looking to purchase my first multifamily property. With the details below, what method or formula could i follow to determine if this is roughly a good deal? 14 Unit Multi-Family - AZ3 Parcels...
Brian Tome
How long should I finance a property?
I am looking at my first multi-unit property and using the deal analyzer to determine my ROI and CAP rate. However, the numbers vary widely depending on which amortization period I use. I am interested to know what ...
Justin Holley
Constructing a House Hack
Hello Biggerpockets Members,My wife and I just moved to a new area and we would like to house hack with a duplex or 4plex. However, we moved to a small town and there really isn't very many duplexes or 4plexes in the...
La'Terrius Campbell
Vacant Multi Family Value Increase
How do you determine value increase on a vacant multifamily? I know normally you can divide the NOI by the purchase price to to get your Cap Rate and from there you can implement the value increase formula but what if...
Aron Teran
First Deal - Analysis Please!
I'd love some feedback on my first potential deal....prepared to ratify the contract. Details:Duplex purchase price: $135,00025% Down Payment: $33,750Closing Costs: $4000 (projected)Combined monthly rent: $1350Annual ...
Jonathan Jackson
Cash on cash & cap rates
Hey BP fam can anyone please help me with calculating the cash on cash return and cap rate. I just want to make sure I’m doing the right calculations.. for the cash on cash I’m doing the annual net cash flow/ total ca...
Jerry Skeens
Mentor please help!!!
I have found a home on resale for 20,000 it naturally needs rehab but I believe It is a great opportunity for my first property. I would love it I could find a mentor or someone that could help me with this decision. ...
Bradley Cladianos
Development Strategy advice
Hello,
My family and I control a parcel of land in Reno, Nevada in a well established area of town (South Virginia and Gentry). It has been in my family for many years and is owned free and clear. I am hoping to ...