Matt Herbert
Capex, Opex, NOI and more
I'm trying to understand how capex reserves factor into NOI, Cap Rate, Debt Service Ratio, and other metrics. Lets assume the following yearly numbers for a Single Family Residence (these numbers are made up, try not ...
Mike B.
Help us get creative
My sister and I, @Liz Benzschawel, had a conversation this morning with the seller of a mixed use building here in town. The building has been for sale awhile at a higher price, and now the seller has reduced his pri...
Fernando Gomez
Office/Medical Space Profit Analysis Help
Hello BP family!I am thinking about getting into Commercial Real Estate in Texas. This is completely new for me. I am looking at an office/medical space that according to the agent could rent from $20.00/SF gross to $...
Anna Millar
Requirements for Short Term Rental Seasoning/ Proof of Income
My fiancé and I have been traveling for the last 6 months and put our house on airbnb. We are nearing the end of our travels and want to refinance into a commercial loan.If we stay at the property for a few weeks and ...
Michael Wagner
One Self Storage Facility - $1.5 Million in Profits
Investment Info:
Other commercial investment investment in Syracuse.
Purchase price: $330,000
Cash invested: $40,000
Sale price: $1,800,000
This was our very first storage facility that we purcha...
Wendell De Guzman
Real Vacancy Factor
After owning a bunch of rental properties, I realized that for Single Family Homes, your real vacancy factor is not necessarily 10%. Why? If you have a mortgage on the house, logically then, if it becomes vacant, y...
Hillary Young
state tax much higher than fedral for W2 earnings of $14k ?
Hi, I have a question regarding my 16-year-old has W2 earnings of around $14k, so he will pay $160 for federal tax after standard deduction. But using turbo tax his state tax turns out to be $588, does that sound rig...
Lauren Kessler
Property Taxes Doubled
Our property taxes have doubled since last year, after making the property a rental (it used to be our primary residence). When we appealed, the Revenue Commission’s response was “Our records show the property at ____...
Emre Dura
Need legal advice for LLC opening as a non-US citizen/resident
I'm a new (foreign) investor and just bought a new property in Detroit with cash as a first move. Looking forward to legal advice for LLC opening. any referrals who have experience with international investors? Thx
James Maher
Depreciation basis
I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...