Evan Hamamoto
Good ways to estimate expenses and rent
Hello BiggerPockets!I am a 23 year old looking to buy my first duplex for a house hack in Columbus, OH. I understand the different expenses and revenue involved in real estate, but I am not sure how to get good estima...
Mary Jay
How to manage if have more than 5 properties?
Hi guys, I have 5 properties and I am struggling to manage them. I do have a full time job and a family but besides that, its only 5 properties. By managing I mean paying utilities when the tenant moves out, getting a...
Dave Grimson
Property analysis - too good to be true?
Hey everyone, i've been analyzing a lot of deals lately and want to get some of your thoughts on this property and my analysis. The Property:2 family property, 864 sqft both units, 1860 yr builtunit 1 is 3 bed 1 bat...
Charles Jones
Estimating expenses in rural northern Illinois
I am familiar with the 50% rule of thumb for estimating expenses, but am trying to analyze a duplex in rural northern Illinois and am trying to estimate expenses. Can anybody provide feedback on the assumptions. Too...
Bryce Till
Taxable Rental Income From Primary Residence
BP, I live in Utah and wanted to get some opinions and insight for the below inquiry I will have to include rental income from my spare room in my primary residence. I want to know how this will look on my income ret...
Mike Miller
Is this considered being a "Tenant", legally? (California)
Without disclosing personal details as to why, basically I am letting a friend's son stay at rental house I have, for free for a bit. I am not charging him rent. He is the only one living there. He is reimbursing me e...
Joel Brummel
Operating at a loss, can I turn it around?
I’m a new investor, and I have been looking at a duplex that has come up for sale on the mls. The current rent is slightly below market for the area, but the current owner is also paying for all utilities, including i...
Snehann Kapnadak
Deal Analysis - 4Plex
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
Brandon Yuan
Seller Tax Return Filing for the property in Due Diligence?
In commercial deals (apartment/storage, etc), Do you require Seller to provide tax return filing for the property as part of your due diligence document? And how realistic is it for Seller to be willing to provide it?...
Will Barnard
Another New Construction Success Story
From close of escrow (COE) at purchase to COE at sale, it was 11 months to complete this project. I expected it to be no more than 9 however, I experienced a major delay in getting my custom windows (loss of 6 weeks) ...