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Hello BP,
I'm trying to analyze a deal everyday until I pull the trigger on MF.
Here are the details:
Purchase price: $1.049M
Monthly Rent: $8100
1-2% rule, no: 0.77%
Area: B+/-
Units: 3/2.5
Days on market: 203
Yea...
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Not sure if I put this in the right category. Earlier this year my parents helped me in purchasing duplex. Their name is not on the mortgage but we split the profits. Now I'm not quite sure how the taxes work but is i...
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New to BP. I am curious if anyone has suggestions about a good real estate attorney and CPA firms. Legal advice needs : LLC jointly owned by three partners / offer docs / county or city specific lease docs. Account...
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Does anyone else feel my pain? I'm looking at properties trying to see if there is a good deal to be found but it seems sellers of small multi families are living in a dreamworld when it comes to prices. When I run th...
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Hi there!I recently purchased and am living in my second multifamily home in Yonkers NY, currently house hacking. I am looking for my next move! I would love a rental that offers multI-season attractions. I like to ta...
Hello!
I'm Jonathan and I grew up and currently live in the Minneapolis, MN area. I discovered the podcast and I am loving it (all though I am only about 30 episodes in so far).
I have been looking for a business to ...
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I have a town home i brought it for 200k, and added 5k to renovate.The rent i get is around $1650. My total expense including everything (mortgage, tax, maintenance,property mgmt company) is 1500. I have rented thi...
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Does anyone feel that the recent wave of forclosures in this country will affect multi-family residential properties and small aprtment buildings. Seems as thought the vast majority of foreclosures relate to SFHs.
T...
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If I buy a residential property in Canada to rent it out by using a mortage loan is there a tax deduction on the interest of the loan.On the other hand, if I buy my first residential property to live in then how is th...
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Hey Everyone, I'm looking to invest in Houston, Tx. I am thinking about buying a multi-family home (duplex or triplex). I am currently living in California, so I don't know much about the Houston market. I am worried ...