Hi everyone!This is my first post here so apologies if i have posted in the wrong area or formatting is wrong or anything else, i'll learn i promise!I'm hoping seasoned professionals can give me a second opinion on ho...
To all the millionaires out there, where do you think is the best place to put your money to let it grow while still being able to pull it out when needed? Personally, I prefer being able to access my money without pe...
Hey everyone! Got a quick question on best practices for a deal I’m working on...My business partner and I are listing our first SFH flip next week, just closed on a quadplex, and have another 6 units under contract t...
This is my first year filing taxes as a home owner since my wife and I bought our first duplex in 2018. We owner occupy one of the units and rent out the other. I've been reading a lot about how to deduct all of our e...
I wanted to hear if from the community: which asset class are you focusing on and why? Non residential commercial has lots of options: self storage, many subcategories of industrial, office...
A post in the landlording section inspired me to review and post numbers. One thing to think you are being honest with yourself, quite another to put it out there for critique by more seasoned investors.Putting my num...
My parents titled a triplex to me in 2013 via quitclaim deed. The triplex was initially purchased as a single family home and converted to a triplex. My insurance broker is warning me that if I go to a landlord policy...
I am in the middle of a renovation and had this thought while talking to another investor. Lets say you have a $35,000 renovation on a property you purchased. You have the cash in the bank to be able to cover the re...
Afternoon BP, I'm closing on my first small multifamily deal on the 30th of next month and am now sitting on a few deals with decent returns (on paper at least). When looking for funding how are the deals typically st...
In commercial r/e property value can be calculated as:
Value = net operating income/cap rate
Does this valuation apply to 1-4 unit properties? Or is that not considered "commercial"?
Granted from what I read instit...