Joey Moon
Low income rental properties.
I am trying to find a good rental in my area and I keep analyzing deals, but the rents in my are for the houses I can afford right now all rent pretty low 600-750. I can't seem to get my expresses low enough for any ...
Matt Mulvihill
Buying land for a Carwash
Hi BP! This might be a shot in the dark but there is a piece of land for sale by my house that would be a great location for a car wash. The closest one to me is about 15 miles so the demand is there, but I know that ...
Gere W.
Costs for little things
When buying a property, what are some "normal" costs to have to get up front before move in ready? For instance, does one always buy a washer/dryer? Is new paint always a given? Even if a place is supposedly turnkey, ...
David Kulesia
Can LLC buy investment property, not for rental
My LLC, which generates income from currency investments, wants to buy an investment property. Not for rental, but private occasional use. Will eventually sell it for profit one day. My main question is can the LLC ...
Wesley Harper
Labelling you Properties/Projects in Quickbooks
For those who flip and do NOT hold your properties. How do you label your properties you flip in Quickbooks? Do you label them or create a project? Curious to see what are the best ways based on experienced flippers.
Shema Turner
My first home / Mfh Investment Deal
MULTIPLE FAMILY ANALYSIS
Hello BiggerP, I am about to purchase my first home, so I have been trying to analyze a deal. I have been using the research I found on BiggerPockets and I am confident that my analys...
Jared Foster
Market Research Question Relative to Pro-Forma Development
As I have mentioned in other posts I am developing a business plan and have been doing some market research for an area I am interested in. I have looked at HUD market studies for the area, private reports, and censu...
Cassidy Burns
Client Success Story: DC Primary Purchase Now a Great Rental
Hey BP,Wanted to share a client success story for individuals that think its hard / impossible to purchase rentals in the expensive coastal markets. Client purchased a 2 bed/ 2 bath condo in Washington DC (Brookland ...
AJ Felix
Rental Income Accounting
Once rental income is deposited in my bank account I want to be able to know exactly how much money is allocated to the various expenses necessary for managing the property such as vacancy, cap ex, maintenance, utilit...
Account Closed
ROI and ROE calculations for a flip
A friend of mine asked about calculating ROI/ROE for a flip he completed in April. Details:Source of funds from HELOC interest only.Rate at prime rate + 1/1 a point (4%).Purchase price $128,000Purchase date 01/21/201...