Paul Stamm
Deal Analysis Spreadsheet
Hi BiggerPockets community!
I have recently been listening to lots of podcasts and reading books on real estate. I have began to analyze potential properties using a spreadsheet that I created.
I would love if some...
Huiping S.
The heated sqft differ from list and county web.
The list heated area is >2000 sqft but the county web shows this property heated area is1890 sqft. The seller added the architecture's map as evidence on property disclosure that the remodel work added new sqft. Th...
Sharad M.
How much of the security deposit you would hold?
Hello all,
Here are the facts:
1) Tenant is on a month to month lease.
2) Rent is due on the 1st and considered late on 4th.
3) Late fee is $50 plus $10 for each additional late day.
4) The tenant didn't pay Novembe...
Daniel B.
Has anyone heard of DTI being calculated like this with rental properties?
I am applying for a mortgage. I have 3 rental properties on 2 years worth of tax returns (2011 & 2012). They all are cash flowing and show positive on my tax return (even after depreciation). They all became re...
N/A N/A
“Subject To”
Happy Easter!
“Subject To”
Harry Homeowner has a duplex that he absolutely wants out of. He is willing to do whatever he can to get out of the situation. Truly motivated.
Due diligence brings back the facts that he...
John Lucero
reo offer on property already under value
I recently found a reo thats been listed since nov. of 09 and has been dropped in price twice. Once from 129 to 120 and another last month from 120 to 99. My city cad values it at 154 and the home is located in nice a...
Fred Herrman
My First Flip in Bakersfield, CA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $210,000
Cash invested: $265,000
3 Bedroom, 2 Bath, 1600 square feet, single family residence within city limits,...
Kurt Granroth
Estimating Schedule K-1 as LP prior to investing?
I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...
Angie Brown
What effect will rental property have on my personal income which is over $150k?
Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.
Want to purchase 2nd pro...
Kamilla Ilishayeva
Should I use the equity in my home for a flip?
Hello again all.I have some equity in my home and want to take it out and go after my first flip.Is it a good idea? Any advice you can give me when it comes to this process. I will be partnering with a contractor so h...