Winston A.
Purchase cost relating to Loan
Hello,
I bought a building for $200,000, and was wondering if add the purchase cost to the building before OR after the allocated building % is applied.
VERSION #1
Purchase Price: $200,000
Purchase Costs: 5,...
Lior Golan
Bought a property with eventually less sqft than it was stated
Hey,I just closed on a property for a flip a few days ago. in the county records, it says that the property is 1,611 sqft.So now because I am flipping it and we are gutting the place and adding another bathroom, I am ...
Shawn Alexander
Pull the trigger on refi my BRRRR rental to prepare for 2021?
So I live in IL and I am looking to invest in 2021. With everything going on with our market where I live im not sure if it will be a small correction or a huge correction. I'm considering refiancing my BRRRR property...
Account Closed
[Calc Review] Help me analyze this deal - BRRRR Duplex
This duplex is in a great area. This is my first time trying to BRRRR a duplex. I think I'm leaving too much money in the deal. I love to get the community's advice.View report*This link comes directly from our calcul...
Sean Sullivan
$6,000 price discrepancy on Deed vs. HUD - noticed after closing?
First, yes, I know I should have spotted this - I didn't.I purchased a house from HUD in November 2016. Purchase price was $27,501. I closed via a local title company - total was about $29,000 after fees/ taxes...etc....
David Weskamp
Remodel and Taxes--Repairs vs improvements
Hello,I met with my CPA yesterday and we discussed my rental portfolio and remodels completed on recently purchased properties.She asked whether these were repairs or improvements. Apparently you can deduct repairs, ...
Ben Smith
How Much Notice To Increase Rent?
I just acquired a property in GA. The tenants are both on month to month leases. I sent a letter letting them know that rents would be increasing the following month (30 days notice). One tenant responded with a lette...
Zoltan Kalu
Determine Value of an Apartment Complex
Hi everyone,
I would like to know, how can I find out the value of multi family properties. Find out ARV of a single family house with similar, sold properties in the area, is understandable, but it's not easy to fin...
Mireille Tribie
Need info on loan origination fees
Hi everyone,I am buying my first duplex to try house hacking. What is considered a good origination fee, because I am being charged 4.139%. I find it quite high , am I correct?Thanks
Anthony Matarazzo
Newbie for MultiFam in MA
Have read all the bigger pockets books and others. Have listened to 100s of podcasts as well. But still cant seem to find a good deal in Worcester County, Middlesex County, or Suffolk County. Is there something I may ...