Hello All, I’m hoping to get some advice on deal analysis for my very first (!!!) potential rental property.The property is a duplex 2/1 (first floor), 1/1 (2nd floor). Completely updated inside/out with new mechanica...
Looking at a couple of different possible multifamily properties to buy and two of the properties I'm interested in have me wondering which is best. Property A has tenants paying utilities but the rents are well under...
Hello,
I have heard that it is possible to invest into rental real estate with pre tax dollars. From my own research, it seems that the main two scenarios where this can be done is 1. if you own your own business an...
Hi all!I am a new RE investor in Cleveland, Oh and just purchased a duplex that is fully occupied. On April 24th, I issued the month-to-month tenant a 30 day notice to vacate by May 31st, 2020 (I need to move into the...
Hey all, bit of a hypothetical question here, but would you be worried if Carson's 15% flat tax would be adopted at some point? He said there would be no deductions...which would obviously have a huge negative impact ...
I'm looking at buying a Fourplex, and saw a property that looked very appealing at first but when I contacted the agent and saw all the maintenance fees I don't see how I could turn a profit on it. This price of th...
Good morning BP'ersI was trying to analyze a 4 unit multi family property off the MLS listed at $199000 with only 4 category of expenses provided by seller - insurance, water/sewer/trash, electric and taxes. I do ha...
Hi,
I got the number for a property I have not seen. I plan to see this only if I can make real sense of the numbers. Need help.
Details:
Four Unit Duplex:
Rental Income 20100
Ad 33...
I have a client in Reno doing two reverse 1031 exchanges and we've been able to secure some great deals putting out some cash offers (both weren't even countered). I'm curious, has anyone else done a reverse 1031 exch...
Hi guys, the following quote is from this BP article: https://www.biggerpockets.com/renewsblog/2014/10/2...Could somebody please help me understand this concept by giving a real life/hypothetical situation that makes ...