Karen Young
Basis of depreciation calculation - sale price? tax assessment?
Good morning everyone!Let me thank you in advance for taking the time to help us newbies!Question: to calculate depreciation, what price do you use? the county tax assessment, the sale price, or the appraisal price?2n...
Michael Newman
Deal Analysis -- 8 unit South Side Chicago,
Hey all, Hoping to get some assistance on the property analysis below. I like this property itself--recently renovated, big units, good area, and the $ per unit while on the high end has some comps likewise in the a...
Justin Perry
Thoughts on this deal / Advice for future?
We are building a new home with MI, and are paying cash. 4-bedrooms, 3.5 bathrooms. 2700 sq/ft. Great corner lot, very nice location (no neighbor to the back, street in front and to the left hand side, with park acros...
Matt Wells
How much money should I insure my rental properties for with ACV and $10K deductible?
I want to get the community's thoughts. How much money should I insure my rental properties for with ACV (actual cash value) and $10K deductible? Should I insure for the capital I have in the homes or for how much t...
Shawn Torsitano
Sometimes It's Right Under Your Nose - Flip Analysis Help
Hello Everyone!I moved into a new area a few months ago, into a standard little neighborhood for my area. Whole bunch of 3/2, ~1,400 sqft houses, built in 1977/1978. Today, while the wife and I were doing misc. work o...
Theresa Holl
What will that property cost you?
Hey everyone- a friend of mine is looking for feedback/beta users for a tool that calculates the long term cost of any property you're evaluating in minutes. His idea is to help people analyze long term costs faster ...
Ben C.
House Flipping ROI Question
Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
Matt Faix
List apartment with utilities included or not?
We have a duplex that has shared utilities, so we are not able to have the tenants put the different bills in their names. In this case, do people typically list the ad with the base rent (so that it's competitive wi...
Therese V.
Getting rental application document together
I am getting ready to create a rental application document and would like to know if there are any standard forms available or any that you guys can share?
Anything that I should definitely include and anythi...
Evan Peissig
Evaluate this Multifamily Deal
I just got an accepted offer on a first deal. It is a 10 unit apartment complex (8x1BR/1BA 2x 2BR/1BA) and a Duplex (3BR/1BA and 1BR/1BA). Below is the spreadsheet analysis. Would appreciate any comments on the dea...