Aaron Gordy
Austin Texas MSA unemployment numbers drop again!
The employment numbers are out from Texas Workforce Commission. Austin is at the lowest unemployment levels in the state at 2.8% decreasing on a month to month basis from 3.0. Year over year is a much clearer indicati...
Jacob Sobrito
Best business bank for investing
Hey everybody! I formed my LLC, and have an EIN. I was curious if anyone had some info on good banks or credit unions to use for your business bank accounts/loans.
Will Murphey
What information do the buyer of my business need/want
Hello members.
I am trying to understand all the variables a prospective buyer might ask/require of me in order to sell my business. I have included the ones I can think of below.
Your time/input/...
Max Collins
Groton, CT Househack Analysis
Hi all, this is my first post after lurking for a bit. Currently I'm active duty military looking to use a VA loan for a househack in the New London County/ SE Connecticut region. I've let a few potential buys slip ...
Dominic Balconi
200% Cash On Cash Return!!?? Time To Go All In!
Please tell me what you think about the validity of my deal. I just calculated the cap rate for a property I'm going to develop within the next year: 20%Here are the numbers:$40,000 to build$30,000 for the land2 Units...
Leigh S.
Can a bank pull my credit report without notifying me?
My LLC has a small investment loan for a multi-family property through a local credit union. Last week, I was notified through a credit monitoring service that the lender pulled my personal credit report. I asked the ...
Ibrahim Yamini
Pizza Place Worth it? Annual Revenue vs Cashflow Question
As I’ve paid off massive debt, I’ve noticed extra money in my bank account that I would like to invest. I’ve been looking to buy a SFH or Townhouse but I have yet to find a piece of property that will yield me the RO...
Ray Trounday
Arriving at Effective Rate/Yield for a Note with a Balloon
I have been working my HP 10bii to arrive at the Effective Rate/Yield on purchase of a note with a balloon. Lets set aside for the moment the likely-hood of having the borrower actually pay the balloon. In most case...
Darren S.
Need help analyzing a commercial RE deal
Hey BP folks - so I'm considering my first commercial RE investment (5 units). Here's the basics:480k price, 25% down60k annual rents 6k annual taxes3k insurance3k utilitiesGood location, low vacancy rate (assuming 6...
Account Closed
25,000 deduction limitations
ok trying to figure out the limitations on the up to 25,000 loss on rental properties. So let’s say married and over 150,000 in annual income. Does that automatically mean I can’t take a lose at all and any loses ro...