Hi All, Close to pulling the trigger. Clean Duplex listed for $250K. Unit A) 3 Bed/2Bath Unit B) 2 Bed/1 Bath. Both units are rented for $1000/mth. Planning on using a 401k load to fund my downpayment. The 401k load ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/654187/small_1621494773-avatar-michaelm514.jpg?twic=v1/output=image&v=2)
You always here the back and forth debate about buying or leasing a car. I personally have never leased but am considering it, given the following details. Car Value ~16kCar Loan ~ 6kEquity: $10kPayment $485/moWould i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/453620/small_1621477337-avatar-billyz.jpg?twic=v1/output=image&v=2)
OK, since it's a very popular topic here and both sides don't seem to agree on anything (like the world we are living in right now), I'd like to offer you what I saw (from an "almost" 3rd party perspective) and hopefu...
Hello All,I am starting out a retail business with my life's savings (around 300k). Since this business does not have any property or equipment, I cannot get a business loan (and hence using my savings). I wish to sho...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/873846/small_1621504777-avatar-seanrmorrissey.jpg?twic=v1/output=image&v=2)
Looking for investors who have submetered their water meters for multiunit buildings. Any resources you may find effective would be appreciated. Any thoughts or opinion on the subject?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/168974/small_1621421016-avatar-wsamsky.jpg?twic=v1/output=image&v=2)
So I have done a lot of research/reading in evaluating a multi family for buy and hold such as determining cash flow, cap rate, cash on cash return utilizing the 50% rule for expenses and pro forma numbers. I am ju...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/42096/small_1621407110-avatar-financexaminer.jpg?twic=v1/output=image&v=2)
Well, news flash on the Today show, number one tax cheats are contractors, second is landlords. They even have it down to geographic areas, sections of LA, Dallas, some other cities were named.
If you haven't droped...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/335055/small_1621445012-avatar-g_edwards24.jpg?twic=v1/output=image&v=2)
Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/302313/small_1621442899-avatar-jonm10.jpg?twic=v1/output=image&v=2)
There was a really great BP podcast a while back where they interviewed an investor who had her renters trained so she wasn’t stuck unclogging toilets and things like that. I can’t remember which podcast that was, but...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/113121/small_1696812284-avatar-mikepng.jpg?twic=v1/output=image&v=2)
I own a property with two duplexes and a house that are all on the same water meter. I spoke to the utility company and they said to split it up and put an individual meter on each unit would cost at most $8000. I a...