I own a SFH.Bought it in 2009 at 385K + 50K in rehab = 435KCurrent Market Value 785KCurrent NOI = 32K Annual = 7.7 % Cap Rate on my investment, 4 % Cap Rate at current market pricesshould I continue holding it or sell...
Hi Can anyone give me an honest review of Don DeRosa's course on Subject Tos? I can't find any info online about it anywhere.
Thanks,
Jenny
I own a 12-unit in Baltimore city where I pay all the water and sewer for the tenants. I am thinking of getting the system in place to submeter so the cost can be pass down to the tenants. It will be a project that in...
Here's an interesting article I came across on yahoo finance, surprising not to see Philadelphia on the list, but the rest make sense. There are scores of reasons to choose a city, and even more reasons a city can ch...
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
Hi, I am a new landlord and will appreciate some advises for the following questions. My tenant moved out and left a mess behind. Some repair works needed are as follow which I am not sure if I should deduct from s...
Now that interest rates have spiked, home prices are dropping, uncertainty abounds and I am assuming flip profits are decreasing, does it mean lower rehab costs? Does "houses are no longer flying off shelves like hot...
Hey guys I have been lagging for the last year to do action until today I finally picked up the phone and started calling and I think I'm ready to devote as much as I can and do the flip
so due to my capital limitat...
I'm looking at purchasing an existing 5 Lot subdivision in Maine and then selling the lots off. The market value of the unimproved lots is $150K each. What kind of price should I be looking at to purchase the entir...
Hello BP Community,
I am currently under contract to purchase a nine unit multifamily property which includes an 8 unit apartment complex and a single family home.
Early last week, I received the inspection report b...