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Hi everyone! I am prepping for a house hack scenario and I’m trying to wrap my head around sharing utility costs with tenant. The deal is, I’m going to rent out my 3BR house while I live in the downstairs apartment. ...
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Hi,So, is there a formula to be used taking only rental income into consideration to determine the value of a property? I'm interested in a 12 unit complex that generates $93,600 annual gross income; taxes are $15,800...
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Hello All,
So, in the 4-horsemen discussion I discuss that if left unchecked, then the affordability crisis will be part of the reason, out of 4, for the collapse of the US economy if not the world economy. Now, wha...
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I’m interested in buying a parcel owned by 2 people (family members a lady and her aunt), the aunt just passed away so probate proceedings will slow this down greatly. The lady who is still alive would sell her half a...
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I’ve been struggling trying to find out how to find monthly interest and principal payments separately but I kept coming up with them combined which made it difficult for me figure out how much equity I would accumul...
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Hi everyone I am new to the BP community and REI. When it comes to home renovations for fix and flip or fix and rent would you recommend hiring contractors or doing as much of the renovations yourself if you have the ...
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Great forum discussions here.... I read several relevant threads but my question focuses on how to split between land and building value in a high rise condo for depreciation purposes.
I purchased the condo 10 years ...
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I’m a beginning investor with 2 properties (1 duplex and 1 end unit of a triplex.) I own 2 rural acres on which my personal residence sits. Directly across the road from my property is an 8 unit mobile home park that ...
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Let me get out of the way up front, that my partner is not disputing that I put $25K of my personal cash into the LLC. This is literally a MATH question. (Numbers changed for simplicity.)(To those of you that know my ...