When trying to calculate COCROI do you account for the rent lost when renovating a unit? For example, let's say I were to buy a 230K MF property on 7/1 and put 20% down and then put 50K worth of renos and can rent it ...
On a build to suit is there a developers fee and construction management fee factored in? Rent then is charged independently of site work? Trying to figure out what to charge for not only rent but the compensation fo...
On average how much do flippers in New Jersey pay in taxes? I’ve read that you only have to pay an income tax if it’s your soul income, that seems too good to be true.
I had question today about moving a property into an LLC that was purchased with an owner occupied mortgage.
The guy I was talking to said that he had heard the new tax code penalized you for transferring a property ...
Does anyone have connections with a solid turn key team or agent, in Dallas or surrounding areas? I'm looking for investment property there but everything seems to be sold y wholesalers who want non refundable deposits.
Does anyone have experience with Double closings and how they work? I get the overall gist of it but I am confused on a couple of things. 1.) How do you setup or use both contracts for the transaction ie. the contract...
I am looking to purchase a 2 family home with an FHA loan and living in one unit. By renting out the one unit my monthly cost is ~$600, but I also wish to put aside ~600 per month for vacancies, Repairs, and CapEx. Wh...
Hello,This is my first post. Need advice on LLC benefits and added cost incurred to file taxes. I am reading the Tax Strategy books by Han & Macfarland.Have read a few real estate books but still unsure if shoul...
Hello Everyone! My partners and I are just about to close on our first single-family rental property. We are using conventional financing, and we are taking the mortgage on only one person's name. We are doing this so...
I would love to know how your first property was funded was it conventional or hard money?