So this is mostly just going to be hypothetical, since I'm not in a place right now where I'd actually be able to complete a deal. I'm simply using this as a way to learn, and get some good tips and advice for the fut...
Hey hey...I have been looking at multiple rental property cost analysis tools (because I'm an enginerd). I have noticed most tools include a large majority of the same numbers (MV, taxes, rent, etc) but when it comes ...
Good afternoon guys, just discovered this a couple days ago and have been reading no stop! I guess you can say it's my new addiction! I have a question about tenants security deposit and haven't been able to find much...
I am looking at a 29 unit apartment building (brick/flat roof) that is worth $2.2M. It is 100% occupied and needs $100k in upgrades (value added items only) plus parking lot pavement of another $60k cost. The seller...
My wife and I make over $150,000 with our W2 jobs. Tax accountant basically said we make to much to write off the depreciation of our rentals. Can someone help me understand this and is continuing to buy rentals even ...
Just recently took over a building. 22 units bought from a local owner. The inspections were done in November but because of the holidays, the financing period was extended due to the banks needing extra time to close...
Hey everyone. I'm in a really tough spot right now and could use any and all advice/help people are willing to give.Property Details:SFR 3bed/1bath 1,300 sq ftEast Indy (east of Post, west of St. German Church, near W...
For example: i wanted to know if I had rent coming in at $1000 and mortgage is $400, which the rule states that 50% of the income will go to expenses and the other will pay for the mortgage and the reminder will be th...
Ok, so i was wondering if I'm missing anything on the first numbers i have ran on an actual property. Let me give you a rundown of how it went. listing price 169kcash to close would be 11129month rents are 1350prop ...
Hello BP family! My name is Eric Mass and I'm thankful and blessed to be able to introduce myself and embark on this journey. I am very excited to start my real estate career and I will be asking a million and one que...