Luke Davis
Difference between ROI and Cap Rate
I was wondering what exactly is the difference between ROI and Cap Rate. From my understanding ROI is initial investment/net income x 100.
Is this the same for the cap rate, or is it calculated differently?
Tripp Warren
Types of Bank Accounts for revenues?
Hi all, I'm getting ready to go live with my very first rental. I want to set up a separate bank account to have rents deposited into. My question is; should I have multiple accounts to split rent revenues? What i me...
Account Closed
Tax Benefits with LLC or Limited Partnership vs Personal?
Hello All,
Any opinions on whether or not there are any tax benefits and savings when purchasing a Multi family as an LLC vs Limited partnership or personal entity?
Jose Mora
How to make passive income from fix and flips
Hello, I’m new to the real estate investment world and I’m looking to do fix and flips and have been doing a lot of research and studying. I have a question and this might sound dumb but when do you take profits for y...
Jen Narciso
Minimizing resale costs
My husband and I are looking to do a flip in northern nj in class a locations. I'm curious how others have sought deals in an area with high costs and high property taxes but great appreciation. Also, in looking for s...
Abe Alam
Sell before the "2 out of 5 years" tax free window expires?
Hi folks, looking for some advice here...I have a rental property that is in a high demand neighborhood. Its a 4/3 home that has 175K mortgage on it and is worth roughly 310-325k now, but could need some renovations (...
Devin P.
Calculating Closing Costs
I have a property under contract using a Fannie Mae Renovation Loan. When doing a soft assessment of the property I originally used 4% of the total cost of the property for closing costs. 2% of that being "transfer ta...
Diane Tycangco
Is Cost Segregation Worth It for 7 unit $600k Apartment Building?
Hello everyone! I have been gathering information and some people say cost segregation is only worth it for expensive buildings. Is this true? According to Turbotax, with 27.5 years depreciation, my $600k building ...
Justin Cox
Cash flow on a rental property
Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...
Yushengji Zhou
First time investor
Hi, My name is Roger. I currently live in Los Angeles. I get to know bigger pockets and the real estate investing world last year.From that moment, I have been saving up. So far, I have saved about 50k and i want to b...