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Purchase price $119,000
Rent: $1,100
Seller disclosure includes:
1. They say small tree branch punctured a hole in the roof in 2018. Doesn't sound like a small branch at all..
2. There is active termite infestatio...
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Hi everyone. After months of evaluating deals (mostly for fun/practice) I found one that I feel pretty good about it. I was hoping to get some feedback from someone with more experience about the main parameters. H...
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I hear that taking too many write offs will cause you to get audited. I also heard that you’re more likely to not get approved for loans if you write off the wrong things. Why are write offs so bad if they are legal?
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I am in the early stages of evaluating the purchase of a small multi-tenant office (6,250sf) building with an asking price of $500k ($77/sf) which I'm going to offer $437k for ($70/sf). There is one 3,550sf suite that...
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I have a quick question about how others are calculating CapEx on a rental property investment. I'm currently factoring in about 8-10% for CapEx depending on the age of the property and the neighborhood. I recently ca...
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What important criteria does FSBO need to consider while selecting a title company?
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Hi - Getting very close to completing my new build construction and had 2 questions around De Minimus Safe Harbor rules/accounting1) For appliances that I purchase BEFORE official "available to rent" date. Do these h...
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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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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Hello everybody!I need your help, please.After long term tenants the unit needs full renovation:full interior painting, new carpet, some times new interior doors :) vanity and toilet. I am confused when what is the b...