We're looking at a building that has a cafe on the 1st floor, which we would operate, and the 2nd floor is vacant-would be renovated to 3 apartments. Current asking price is 375K, but I think it's worth closer to 300...
I know the answer is always "Get a good real estate tax professional". BUTI purchased a mixed-used property in October 2018. It is one residential lot with a 3/2 house that also has 2 apartments in the back. On the...
Hey BP, I've been researching and searching intensely for the past month or so. I'll bold my key questions.My question is Cash on Cash Returns and comparing them to other forms of investment. When I am looking at rea...
Hey all...My background is as both a real estate and mortgage broker since 1990. I am interested in updating our underwriting guidelines on MHPs where it pertains to the inevitable mixed-use looking park. It is common...
Hello There,I with my friend is looking to purchase / place order for duplex with individual ownership. Just want to confirm if that is possible to begin with without going LLC route. All I am looking to know whether ...
I am considering forming an LLC for landscaping and a second for construction. The thought being that it would create additional tax breaks when purchasing equipment etc that would be mainly used to maintain my prope...
As a self-employed VERY small business owner paying approximately 40% of my profit in income tax every year, I am (understandably) not interested in giving the IRS almost half of the money my tenants will pay for rent...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Princeton.
Purchase price: $250,000
Cash invested: $50,000
Under contract on a 4 unit Multifamily in a B+ location. Seller...
Ok for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental...
Hi there, as a newbie starting out when I think about marketing budgets I am weighing the pros and cons and cost of using a direct mail marketing company vs mailing my own. I really like the idea of having a pen writt...