Joel Bowen
Understanding how depreciation counts as negative income?
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 ...
Amit G.
Need help figuring out Expenses for MFU
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...
David Neman
Four-Plex Advice Please
Hello, what a great forum this is. I have a question about a property that's available in my area and whether it sounds like a good deal or not.It's a 5,283 square foot four-plex in southeast Texas. The lot size is 3...
Miguel Bahena
other expenses when buying properties other them mortages?
I'm a Rookie investor and i was wondering what would be the other expenses when buying properties on top of the mortgage payments? for example water
Jack Sullivan
What percentage of monthly expenses should be covered?
Hi, I'm looking to purchase my first house hack in the next few months and am working on my system to analyze cash flow for properties. I'm looking to do a duplex traditional house hack, living in one unit and renting...
Jermaine Perry
Should I wait to invest?
I want to start real estate investing, but I have $62k in student loan debt on $85k income. Looks like I don't qualify for FHA or conventional because of DTI. Should I wait to invest or look for other options to find ...
Paul Roth
Do I still pay taxes if I re-invest my LLC's revenues?
I'm planning on mounting an LLC to start my first real estate investments. My plan is to immediately re-invest all profits generated by the entity, in the name of the LLC, so I pay no taxes on it. I would probably inv...
Anthony Maffesoli
Help! Understanding of Co-ownership payment allocation
Hey BP community!
First post here. I currently co-own 2 different properties. One is my primary which I live in with my girlfriend - I'll call this property A. The other I co-own with a good friend - I'll call this p...
Slavik Lund
50% rule / rent opinion inquiry
I don't understand the 50% rule just yet. So here is a question to see if I am handling this correctly.
I bought a 4-plex in November and inherited a lease... So unfortunately, I am stuck with this issue for now.
B...
Ryan Turian
How do I earn a positive ROI on Owner-occupied duplex or triplex?
I'm looking to purchase my first property with my fiancé - an Owner-occupied duplex or triplex. My primary intention is to use the rental income to lessen our cost of living, and then eventually use the BRRR strategy ...