David Rutledge
Buying foreclosures/REO the right option???
Hi Everyone,I am living in CA and looking to invest in a few buy and hold properties in the south east area of the US (Florida, NC etc)I am a beginner investor and would obviously like to get in at the lowest point po...
George Gray
8 Unit Apartment Building Weigh In!
8- 2/1 units around 650SF each. 4 Up/4Down
5600 SF total Brick veneer 3 sides, stucco front.
Off street parking front and rear with access from 2 public roadways.
5/12 3 tab roof needs replacing including som...
Andy Pillinger
best cash flowing areas in sw fl
Hello all,In the next few months i am coming into some cash and have been trailing through towns and cities in FL to try and work out which locations would provide the best cashflowing properties in areas that have lo...
Nikki Nicole
Help with tools for managing out of state
Hey all, I’m in the process of getting my second investment in Ohio, I am in California. Any tips on self managing? Tools to help or should I just use a property manager. I just wanted to keep cost down.
Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Dave Rav
Car Wash a good investment?
Hey BP members! I was toying with the idea (loosely) of investing in a car wash. There are two for sale in my vicinity. One has 5 bays, one of which is full service.Question: does anyone have experience with a ca...
Dwight Sands
Underwriter's Perspective for Self-Employed
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...
Lucy Can
How to do taxes on Property Development
We bought a single family home near downtown Denver, gave it to a builder for constructing a duplex after doing a quit claim to an LLC in 2018. The Duplex finished building in Summer 2019 and we sold it in fall 2019. ...
Justin Pierce
Put a contract on my First CarWash
I have a contract to purchase a Car Wash in Salt Lake City Utah. This will be my first car wash but the numbers are just sterling. Who out there has a lot of experience with Car Washes? I'm a little skeptical about...
Eli K.
Which Expenses are fully deductible on a rental property?
I read many articles saying that you can deduct your property management fee or your repair costs or your insurance cost from your tax on your rental property, are those fully deductible??? Like if the property manage...