I'm trying to understand how capex reserves factor into NOI, Cap Rate, Debt Service Ratio, and other metrics. Lets assume the following yearly numbers for a Single Family Residence (these numbers are made up, try not ...
So I know what everyone says keep it simple on first purchase but this seems like I have too if I could get it at this price, right?
The kicker, its current in government 515 where there's assistance on rent and lowe...
Hi everyone,I am trying to figure out what the depreciation basis will be for the property that I will be closing in two weeks.I am buying a property with full cash, doing some minor exterior rehabs (place is already ...
Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
Hello!My mom recently got divorced (August 2023) and is looking at a 260k for her share of retirement account, debts of about $50k ($30k owed to parents who helped with legal fees, $6500 owed to sister who also helped...
29 units in Midwest.
Asking Price: $1.1M
$875k of which is in assumable loans.
PITI: $9319
$14,925 in rents collected if 100% full. I have data for last 24 months, average actual collected is around $12.5k/month.
...
We are approaching some deals that offer owner financing.
As an investor these deals make a lot of sense for buy and hold.
Terms like, 20% down, (prime plus 4.75) 8% interest at 30 year amortization, and interest rat...
Hello-Appreciate everyones best guess for conservative maintenance projections for a 5yr hold of the following portfolio. Also would like to see reasonable reserve estimates for capital expenditures-10 homes-Built af...
Hi all!
Curious to know for those who reply, what systems are you using that truly help your RE business?
-Systems to improve your deal flow
-Systems to help with asset management
-Project management
-Certain pro...
Hey all. I'm considering getting my first (owner occupied) property- a duplex / triplex or quad, depending on availability. Im looking for advice from others if they've dealt with this situation before.From research ...