Hello All,
I am putting together an operating plan (the first 100 days) of a 20 -unit multi-family acquisition. Can any one can share their thoughts/insights of this First 100 Days plan such as the various e...
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
Hi guys,So I have a question for professional property managers, or people who have more than one property they manage...I have a small property management company and I have 2 bank accounts where the tenants deposit ...
Hi All,I'm getting ready to do my first deal and I wanted to get some sense of whether the numbers work well...Fully renovated, new roof, new interiors, granite countertops, LVP on all floors, etc. Basically look like...
I've been on and off the forums for 6 months now. And i've gotten back in recently. My questions is how in the world can you justify the 2% rule in a metro area? Im looking at a SFH, split into 3 units, 3 blocks from ...
BP,
I need your help and analysis. Today I won the bid on a 9-10 unit (3 - three bedroom, 6- two bedroom) apartment building at a public auction. The 10th unit is a commercial laundry facility in the basemen...
What's the difference between Purchase Cap Rate vs. Pro Forma Cap Rate. I have been using the calculator and can't figure out the pro forma cap rate.
A brief bit of background: The below checklist is intended to be used during the due diligence period for 2-4 unit properties. It is cobbled together from many sources and so may have some items which are "non-standar...
In North Carolina where I flipped my last house, I was required to use the property I was flipping as my primary residence in order to legally make repairs to it and I had to live in it for one year prior to selling i...
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...