Shane Mcc
Is my analysis of this multi-family property correct?
Asking Price: $325,0006 UnitsUnit Type: 4 two bedrooms, 2 three bedrooms. Monthly gross $3945.00. Which seems low but I got off the phone with the realtor and this is what he tells me. Asking price: $325,000Down payme...
Rob Brown
Duplex Analysis
Hello everyone. There is a duplex that I would like to purchase however the owner will not go down on the price and insist its a money maker at the asking price of $115k. All utilities are not separate and I would hav...
Tony Marcelle
How do you to figure cash flow profit from a rental property?
I have an investor sending me properties everyday in my inbox. They are rentals with property manager and tenants already in place paying rent. One of the houses is selling for $25,000 that is rented at $650 per month...
Jonna Weber
Utilities on SFH Rentals
To experienced SFH investors, what utilities, if any, do you typically include for your house tenants? I am purchasing the first SFH rental that I've had in a while, and was wondering what the standard is these days....
Kevin D.
Schedule E
If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
SP Solanki
Tax sale properties in CA. -what lien survie after tax sale
Hi all,I am new in Tax sale properties ‘tax defaulted’ . Most of the properties I see has lot of utility tax lien. And these liens are placed on many properties via single documents.1. I would like to know does utilit...
Devang Patel
401k
Hi all. Just want to say I love this site and also all of those blog members that have helped me along the way. Within 15 months i have accumulated my first 9 units and each one has had its share of challenging yet ...
Evelyn Castillo
Expenses; Newbie; expense housing question
Hey BP! This might seem like a silly question but I am having some trouble here. I am practicing on the BP calculator. I am working on the portion of the expenses... My question is, where would I go to find the electr...
Ralph Miller
Good Deal or Bad Deal?
Hi guys, so I actually started viewing some properties this week. Came across this 4 plex and would be interested in hearing what you all think:Gross rental income $ 3,425 Monthly Expenses: Mortgage (25% down) $1,240P...
Brian H.
Help interpreting P&L statement
Looking at a four-plex as my first multifamily venture. I have the rent roll and expenses for the past three years and have a question about an item in the expenses column. It's entitled "Inv. Fixed Asset" and is one ...