Account Closed
Income tax when assessing deals?
When initially assessing a deal, how should I account for income tax on the rental income? Without an accurate number for write-offs I'm having trouble putting any faith in my calculated ROIs.Thanks!
Mike Levene
Contractors that will give price per sq. ft. quote for gut remodel?
Has anyone used a general contractor in the west Michigan area that is willing to give a quote for price per sq ft or a range of price per sq ft for a full gut remodel? For context, this would be for a property I alre...
Logan Loughmiller
Post inspection cold feet on investment property in Portland, OR
Would greatly appreciate input as this is my first investment property and my nest eggs going into it.
Stats on the place: 2/1 with a completely detached 1/1+office, back lot ADU and detached garage. Main house is 1...
John Sherwood
4 Plex... focus on cash flow, cash on cash, cap rate???
Hello Bigger Pockets brain trust,
I'm looking at a 4 plex... cash flow looks decent, ~$120/door. Cash on cash looks like it would be about 9.5% (Brandon Turner talks about trying to get 12%), and Cap Rate is looking ...
David Begley
Question for Metro Atlanta Builders & Developers
For those of you experienced in building spec homes in metro Atlanta, could you give me a rough estimate as to the length of the permitting process along with an estimate of the costs/fees involved? I'm more interest...
Chadwick Hill
RV Park Analysis - looking for feedback
Hey all - first time poster here! I’m in the process of closing on my first RV park and wanted to get everyone’s thoughts on the overall deal and see what I may be potentially missing here.The property is selling for ...
Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Peter Aziz
SoCal N00B Looking to Invest in the MidWest
Hey there, BP,A little about me - My wife and I have been investing in SFRs in SoCal since 2011 and have done okay putting together a small portfolio; However, the market right now in SoCal, or at least in our desired...
Bryce Matson
Question on whether we should Cash-Out ReFi, sell or leave as is
Hi All,We own a house in LA and are moving away. We want to convert our garage into an ADU and then rent out the main house and ADU. The main house would be 3 bdr/2 bath and ADU a 1 bed/1 bath. We think the max rent w...
Alex Tobias
What's your offer making process?
To me, I can make a reasonable approximation of value by looking at basic info like the market the property is in, the stated rents or market rents, occupancy and general info like that which is usually disclosed upfr...