Paul T.
Underwriting NNN Deals
Hello all,
I’d like some input and feedback on underwriting NNN deals; is it simply subtracting debt service(s) from NOI over the course of the lease? (Of course adding rent bumps, etc)
I know each lease is differe...
Jason Howell
[Calc Review] Help me analyze this deal (another Indy fixup)
Hi again! Still in hot pursuit of honing in my abilities to analyze properties quickly and test my gut response. I'll reiterate that at this stage I'm not yet ready to jump on any one property, this is purely an educa...
Bob Couture
Septic Tank Replacement
How much to replace a septic tank in Westfield, MA? Should I run away from septic tank issues or are there usually less expensive alternatives to replacing?
Greg Scully
Question For Syndicators
When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,
Danielle Blasko
Cost to move oven and install dishwasher
I am about to make an offer on this home and realized that there is no dishwasher. I'm thinking that the oven can be moved to where the range is and a dishwasher installed there. Any experience? Idea on cost to tackle...
Chris Masons
Tax question on Water Heater replacement
I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...
Edward Alicante
Question about Triple Net Valuation on rent increase
Hi BP!Does anyone know how absolute triple net property valuation work? I know there's probably a lot of variables like sqft comps, the tenant, cap rate, etc. but to keep it simple lets say you have a property that's ...
Adriaan Sierra
Are people finding it harder to find deals these days?
Just wondering how y'all still managing to find good deals out there. I've had a strong focus on West Cleveland, with an appreciation component on my play (e.g. Lakewood) and the last quarter we only close on one prop...
Mike McCarthy
First rental property - When does depreciation start?
Bought my first rental in Oct 2016. Spent a few months renovating, and will be renting starting this month (March 2017). I wasn't planning on including anything rental related on my 2016 taxes, since there hasn't be...
Marty N.
Year End Tax Strategies
Hello everyone, I have one single family home as a rental property that I purchased in March 2015. It cash flows on a monthly basis pretty well and I was just wondering what I can do to maximize deductions on my 2015...