I understand that I should shoot for atleast $100/door after all expenses. how is thie calculated though regarding principle and interest on a loan? im looking at an 8plex and does the $100/door count if the principle...
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I would like to buy a used car for my LLC, 100% business use. It would be under 6K lbs. Would I be able to deduct the cost against capital gains profits of my LLC?Sorry, I know this has been talked about but I was una...
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What are some of the best practices in managing the LLC bank account with regards keeping it compliant with rules of separation from personal use (example: can ransfers be made from personal acct to LLC for certain pa...
I recently bought a duplex, and I am living in one side while the other side is rented out to a long term tenant. While I am living in one side I am doing some renovation projects on the side I occupy: complete bathr...
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Hello Y'll,which property management tool/software would you recommend for landlord who is managing less than 30 properties? Mainly to keep track of rental income, expenses and where tenant can put in the tickets? Tha...
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What do you investors think about this deal in Indianapolis? Duplex 1 bed 1 bath with both sides currently rented $450/$497 4009-4011 Clarendon Road Indianapolis Indiana 46208Minutes away from Butler University on a q...
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Hi,
Anyone been to the Zack Childress's seminar last month in NJ? Or attended any of his, at all? How was it??
I heard that he taught how to wholesale REOs in that seminar and we can just follow his system and do...
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BP Team,
We are doing the underwriting on a development project where we hope to build 2 new 8 unit buildings with Class A apartment housing.
My question is what has your experience is with the "50% Rul...
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Hi All!
My husband and I just looked at two duplexes. We can buy them individually or as a package. Here are my calculations using the BP analysis tool if we buy them as a package:
Monthly Income: $...
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Hey beautiful people!! 2 siblings, 1 house, 1 wants to sell, and the other doesn't!! They own the house 50/50. Its a 4 bedroom, 2 bath home in excellent condition. The person who contacted me wants to sell the house a...