Nad Ylime
Do Belongings Need to Be Returned?
I own a condo in FL that I rent out & the HOA foreclosed on past due HOA fees. Now, several months later my renter called & said the locks were changed on the unit. I called the association & they said tha...
Ryan Moore
Rental Return on Investment (ROI) Question
For calculating ROI on a rental property, I assume my closing cost to be part of my initial investment number. On my closing costs, I paid 1 year's insurance, 1/2 year taxes, and some HOA. Normally those are part of...
James Farrel
When has a tenant returned possession?
Tenant gave proper notice October 20 to end month to month lease November 30 and paid the rent due through the end of the lease. Tenant stated I could advertise the unit as available to rent November 15 with underst...
Jon Bachman
Calculating Cash on Cash Return (CCROI)
Am I calculating ccroi correctly? The monthly number makes sense to me, but the annual ccroi doesn't. The annual column is only multiplied by 12 to create the annual numbers, maybe this is incorrect. Someone rip my nu...
Andrey Y.
Return on Equity - Analysis and Strategy
I wasn't sure the appropriate subforum for this topic, since a few seem relevant.I decided to calculate ROE on 3 properties I own in Oahu, Hawaii. I used exact mortgage balance and used in-building comps to calculate ...
Don Spafford
Tax Returns : Business Income - At Risk
So if I have a tax loss due to depreciation, etc., when I get asked on the tax software if the Business Investment is at risk, what is the correct answer? Is it All at Risk, Some at risk, or N/A? I have a hard time an...
Stephanie Bureau
Returned and Non Deliverable Yellow Letters
So I've sent out about 150 letters so far and have gotten back 16 as return to sender. I checked the addresses on the first few on the tax assessor's site and their correct. I got the info from listsource if that mean...
Cameron Marmon
Multifamily deal with no tax returns
Hi all, I just got under contract on a multi family deal in Mobile, Alabama. This is out of state for me as I live in Texas. The contract is for 3 properties: one property contains 2 studio apts and 19 boarding rooms,...
Michael Glaspie
Infinite Return with a BRRRR Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rock Island.
Purchase price: $105,000
Cash invested: $105,000
I purchased a duplex with the BRRR strategy. Purchase and re...
Erik Peddle
$112K RETURN- HUMBLED AND WISER NOW
How I made $112,000 on the sale of my rental property that I purchased in 2007!!! Purchase (2007): $165,000 I lived in the house for 5 years, renovated kitchen, baths, and converted a screened porch into a bonus room...