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Net Operating Expenses
What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
David Holland
Analyze this deal in Baltimore
I found a 3/1 2,200sqft row house in Baltimore, MD for $75,000. Here are the numbers:
Price: $75,000
Repairs: $2,000
ARV $97,000
Section 8 rent: $1598
Taxes: $2,200 yearly
Insura...
Andrew Mazzenga
Wholesaling Law
I have been building a business plan to start a real estate investment company for the past few months, i have been doing my due diligence in just about every aspect of the real estate industry as well. I believe that...
Scott Smith
Ask Me Anything! Free legal advice
I'm the asset protection attorney out of Austin, Texas that protects real estate investors from lawsuits. What I want to know is the question you have about lawsuit protection, taxes, insurance, financing, etc. as it ...
Liane Cochrane
Purchasing a Three Family
Hello Everyone!I need opinions. This is my second purchase of real estate (not including my primary residence), and the first was several years ago and was a vacation rental property, which was sold after a couple of...
Sheen Jowl
tax implications when moving properties into LLC
Hi BiggerPockets,I wonder if anyone has experience in moving properties from personal name to LLC. The properties stayed on my 1040 Schedule E for a few years and have accumulated loss when depreciation is included. H...
Ryan Kelly
City of Austin TX March 2020 Housing Statistics
The March 2020 data is in from the Austin Board of Realtors and coronavirus fears didn't seem to slow down Austin's hot housing market. In fact, the market continued a blistering climb over 2019 stats.
Median Price 🔺...
Andy W.
How to split an R2 lot just under 10,000 sqft into 2 R1 lots
Hello BP!I have an R2 lot just under 10,000 sq/ft that I would like to split into two R1 lots. Currently there is a house in the front of the lot which I wish to keep. My goal is to build a house in the back of the lo...
Account Closed
Estimated Porperty Taxes can cut into profits significantly!
Hi BP community! I'd like to share a tip that could save you thousands of dollars when purchasing and selling a piece of real estate. A tax prospect I recently worked with shared some information on how they got scr...
Will Barnard
Liar, Liar!!
I sure have a knack for running into some unscrupulous charters in this business. Many of you are familiar with my nightmare documented in the "Occupants from hell" thread. Well, I have yet another story to tell.I hav...