Elton John
Duplex Investment ! Help me decide
Sorry for the long post, but here is the deal.
Property located in a very good neighborhood with great schools around, safe place for me and my wife to live in one unit and rent the other.
Listed price: $395k. Of...
Daria B.
SDIRA 4 rental purchase - expenses may put a drain account
HiI posted earlier on the use of the SDIRA with regard to UBIT and received some very good answers that I could then go off in a direction to learn more.Upon looking over this venture and reading other peoples simila...
Diane Perry
Where does cash RE purchase go on a P&L?
I am putting together a P&L for an application for finance reasons. I work for myself, and for that reason and also as a landlord in addition to federal tax returns I am required to file a P&L statement. They ...
Account Closed
6-plex seller gives me expense spreadsheet, expenses seem unusually high?
attached is what I was given. they seem high to me, wouldnt the owner "want" to show me low expenses? these dont even include taxes which are $4,800/year. this is a 6-plex, seller is asking $210,000. it is located in ...
Luke Tetreault
Flip house options
We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...
Account Closed
Why am I ALWAYS getting negative cash flow?
Why am I ALWAYS generating a negative cash flow? I already own a home I live in, and want to invest in another property nearby. However no matter which house I look at I never can seem to come out positive! This vi...
David Schach
50% rule seems extremely arbitrary
I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...
Tyler French
First Multifamily- Am I being too conservative?
Please be patient with me as I am new to posting. If I have forgotten needed info for your input let me know. After all the reading/practice I can muster, I have begun my first search for a multifamily in Cincinnati ...
Johnny Manziel
HELP - Mobile Home Park - Purchase Analysis - 14 lots
Hey everyone, hope I covered the majority of my situation up front...Have an opportunity to purchase a mobile home park in WV that isnt too rural. It has city water and sewer and tenants pay for own electric and cut o...
Evan St. George
Rent is now coming in... where to put it?
*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...