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Here are the current numbers I have on hand:10m$ purchase price62 beds800 000$ down payment (on our side as investors)Revenue: 40 beds occupied currently, bringing in $3 000 000 a yearAfter the debt service and all co...
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Hello BP forum and thanks in advance for your expertise and insight into our question.We have 2 rental properties, one of which is undergoing renovations with my wife as the project manager. We spend about 20 hrs/week...
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Hi All,
I am set to close on my third property later this week (all this year) and want to make sure I'm organizing all paperwork for tax write-off purposes. What "up front" costs can I write off? Appraisal, inspec...
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can this be done is there anyone doing it in canada
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@Spencer Gray dropped a ton of knowledge last at our Indianapolis Multifamily Meetup 🔥🔥
 A few key takeaways:
-Mentors are important- Spencer found a way to add value to a more experienced sponsor when starting out ...
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Hello I'm on active duty orders for the military in Japan. The only problem being stationed there is because of my status I can't buy and own property as military personnel. But I wanted to buy property in the states ...
Hi everyone,I currently own 2 duplexes and my DTI is good to buy 1 more property and then I’ll be at max DTI (50%) what do I do at that point? What’s your strategy Each time I buy a property, my DTI increases, even af...
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Has anyone here utilized a sweep account to pay down their mortgage quicker? Ive seen only a few articles on the topic, including one's who say there is no difference than paying extra each month or others who offer t...
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This may be a dumb question but I am just getting started and trying to figure out all of my potential costs before I invest.
Do you have to pay the normal capital gains tax on a property when you sell it for...
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Has anybody renovated a property that had fire damage? If so whats some things to know to do the project correct?