Andrew S.
Establishing fair market value for tax purposes
I'm considering selling a property to a family member below current market value. For the purpose of determining potential capital gains/losses, I need to establish a fair market value that will hold up to IRS standa...
Account Closed
What are the best incentives/perks I can offer a R/E agents in nj
Hello all... We are trying to offer a better reward schedule to Realtors that bring us deals.. What! Pay more for deals? YES! why not. We are not greedy and believe in sharing the wealth for a job well done. That said...
Account Closed
Quantizing Risk/Volatility (beta) for a Rehab & Flip Business
I realize this is a complicated question that depends on many variables but I am curious if anyone else has ever made an attempt at it.
I want to calculate the WACC to use in NPV estimates for a rehab and flip busin...
Matthew Moreau
3Br/2Ba vs 2Br/2Ba
I'm closing on a HUD foreclosure tomorrow that I will be rehabbing. It's a 3BR/1BA 1926 Bungalow in FL. I bought the property in the low 70k expecting a 40K rehab with a 145K -155K ARV. I've debated about turning it i...
Gregory LHeureux
Furnished condo rental
I moving to a different city in to an already furnished home and want to rent out my townhouse in the Los Angeles area furnished. I don't want to put my stuff in storage and I realized I can get higher rent furnished...
Matt D.
How much is it worth….?
12 unit apartment complex that will gross $9,000 month in rent, after expenses nets about $7,000 per month. Fully renovated, Low property tax area, low insurance area. No mortgage on it. High rental demand due to l...
Kate Schaefer
Navigating through our first BRRRR
Hey Everyone - I hope all is well. My partner and I recently completed some light rehab on a duplex that we are holding in Philadelphia. For the first deal we did a FHA but came out of pocket for all rehab. We found t...
Adrienne Bryson
Due Diligence Fee
I'm new to REI and another topic brought this to mind...When my husband and I bought our house (that we live in, not an investment), we paid an earnest money deposit that was credited to us at closing. We also paid a...
Charlotte Dunford
Expense and gross rent income ratio?
What percentage of expense/gross rent income do you expect for a 40- unit apartment building, built in the 1960s, class C building? 40%, 50%?
Eli M.
Tenants with judgements
Dear BP family,I have two prospective tenants.A tenant A is a market tenant (not Section 8) has 600 credit score, makes 2.5 times the monthly rent but has $8000 outstanding debts.A tenant B is a section 8 tenant, has ...