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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
Cash invested: $6,500
I bought a SFH to live in. Then converted it into furnished housing for traveling pr...
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What rate of return are most real estate investors looking for(COC)?
Lets say you have a 100k cash investment in a property, what net return are you expecting to get? For this instance, lets assume you are also gett...
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Hi all,I own a fourplex property on the Hiltop on N Harris street.I own for a few months so I don't have enough perspective, I am trying to calculate the return on the property and I am not sure how much to take off f...
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Background,
I'm new and I'm trying to get my first buy and hold turn key property with my own money as the down payment. My husband is for me doing this but wants the money back in a max of 4 years.
My question i...
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Hi guys!
I am using the BP Rental Property Calculator and am confused about something. Can someone please explain why the annualized return starts to decrease after Year 5?
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Back story: Rented to a couple with a young daughter, contract was for 6 months, ending November 1st 2021. Girlfriend called police and filed a restraining order against boyfriend. He moved out beginning of June. I a...
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I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...
Our closing is scheduled this week for a multi-family purchase, and we just found out that the seller returned the security deposits to the current tenants. We are inheriting the tenants in this purchase.What recourse...
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Hi BP,Need your advise on this.I recently decided to buy a 2 family forclosed house in North Jersey. Signed the contract and put a $2500 earnest deposit down. Also spent another $700 on inspection, tank sweep and appr...
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Hello, I'm relatively new to real estate investing and this will be the first year I file taxes after opening a HELOC last year. I used the HELOC for a down-payment on a new house. I now rent out the old house (with t...