REJI V
Please help in calculating ROI?
Data:
Total Area: 50000 Sq.M
Construction Cost: $25Mn
Construction Period: 2 Years
Financing: Equity (30%), Debt (70%)
Loan terms: interest - 10% p.a., Term - 3 years (from the date of construction)
The developer wa...
Dave K.
accepting rent in multifamily
How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
Ivy Markov
Setting up LLC in Houston, tx questions?
Hello Biggerpockets community,
I am setting up a single member (my husband and i) llc for myself, llc will only be used for managing one long term rentals property. Do you recommend I use myself as a registered agent...
Michael G.
Multiple Investors (take 2)?
So, a while back I posted a question about having multiple investors all making small investments to my LLC. That sounds like it's really hard to set up because of the SEC rules.
I have a different idea I wanted to ...
Paul I.
Rental Property Tax Question
Got a tax question for your pros out there.I have a condo in Florida that I rent out through a property management company for short term rentals. The property management company pays the corresponding taxes into the...
Jack B.
Aaccept new tenant while house is selling?
So I had a buyer and his financing allegedly fell through. Left me holding two vacant units I gave that I gave notice to and moved on before deal fell apart, now thanks to novice buyer I'm left holding the bag.I have ...
Jeremy Cole
Private Seller Vs. Realtor
So I have a friend that has a few real estate properties. I am trying to get into owning rental property. His properties seem to be right on point t with what the market is around my area. What are the benefits of bu...
John Allen
question for a seller- finance property from a relative
I am purchasing a property from my father-in-law. He is over 80 and can no longer take care of it. It needs a roof and presently does not have any liability or insurance of any kind. I have multiple questions. I would...
Granison Johnson
Reverse Mortgage
I have a prospect that is looking to sell but it is complicated. The property has a reverse mortgage on it. The home is part of an estate. The executor is has been given permission to sell it to settle the reverse mor...
Alessandro Pascucci
🏦 Income taxes question
Good morning everyone,I have a basic taxes question for you today:Assuming my gross rent income is1000$/ month and based on accurate research I can plan a total of 500$/month of expenses (small repair; big repair; cap...