Randall D Cheney
1031 exchange - how to deduct development expenses from proceeds
We're going to sell some building lots that we have divided off of our farm, and do a 1031 exchange with the proceeds. We'd like to pull at least some of the development expenses out of the sales money before we rein...
Account Closed
Is This Worth The Numbers??? Advice Needed Please.
Greetings, Have a potential to purchase a 6 unit (2 house, same lot, 4 unit and 2 unit) The details are as follows.Year built: 1900 +/-2 houses: 1- 4unit and 1- 2unit on same lotList Price 224,995 (assuming a 190,000 ...
Ryan Matt
Mutli family cap Rates and Valuation
I am looking at a 15 unit multi family. All units are 1/1 around 500 sqft. Income is 81,000 per year with expenses of 20,000 per year. Looking for insights on what to offer for a purchase price since this is an off ma...
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. ...
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 ...
Steve Schow
Health insurance
This might be the wrong group to ask, but I wanted to ask what many of you self employed real estate pros are doing for health insurance? Anyone know about any way to get into a "group" of some kind to save money on ...
Faith Kirk
New to House Hacking - Do work myself or Hire out???
Question: When House Hacking, does one do the work themselves or hire out?
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...
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...