Am looking for the right entity structure. It would be great if you can poke and plug holes. I do intend get a CPA’s input and an attorney’s input after revisions.
As I started writing this, I realized that many on ...
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In the summer of 2015, I bought a property in Apache Junction, Arizona for 100k. It was on the market for a little while at 130k but then dropped to 115k so I offered 100k quick close. The house was a 3/2 and I knew t...
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Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
Hello
There is 2.0 million $ apartment building for sale and they claim to NOI to be 142K/year. How can I analyze an apartment complex assuming I give it to a management company?
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In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
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Dear Fellow Bp'ers-What a start to 2017! Decided to pony up the money to start marketing consistently for the next 6 months and hit my area hard with mailers. I've sent out 600 letters for the month of January and rec...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $150,000
Cash invested: $20,000
Bane of my existence... I should never have invested in Anderson, SC. The c...
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This is my first post outside of the newbie introductions, so I apologize if this isn't in the correct forum. I've been listening to podcasts and reading forums and articles for what seems like forever, yet there are ...
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Hello BP community. Newbie here.
I am currently saving up for my first property. I plan on purchasing a duplex, living in one side with a roommate, and renting out the other side (i.e. the infamous house-hacking).
F...
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I am working on analyzing a duplex plus garage apt near me and the numbers seem too extreme to make sense. I finally saw it today and it needs some major work, including foundation repair and tile work in the baths. T...