If you were to buy a small multifamily (fourplex)What is ok to ask the seller?Should I ask for leases? Utilities bills? What else?Thank you
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*This link comes directly from our calculators, based on information input by the member who posted.I am looking to get into real estate investing. I am 25 years old and I purchased my fi...
I've partnered with a large investor who's interested in converting a small multifamily (5-20 units) into condos in the Seattle area. Is there anyone who has experience doing this? The legal side seems pretty straight...
When paying yourself a salary under S Corp status, what are the guidelines for reporting your salary? I understand you have to file a 941 every quarter, but if you are the sole owner and individual of an S Corp and s...
I am really hoping someone will give me their point of view on a deal I like to do now that I am finally ready to buy a Real estate investment property. This is an FHA loan and I will be living in one of the units. I ...
Would anyone be able to please direct me through the math so I can evaluate if buying points on a mortgage for an investment property is or isn't a good idea?I've heard buying points on the loan is a tax deduction, is...
Working on buying my first multifamily. It's an 8-plex in a b- c neighborhood. I know the area pretty good. 7 units are already rented for about $600 each, 8th unit needs a total rehab. Price is $290k. There's a lot o...
Here is a good article I found on how to calculate cash flow when you purchase a investment property:http://realestate.about.com/od/knowthemath/qt/rent...it's very useful and I want to share it with every one.My quest...
I moved out of a condo about four years ago and rented it out. I've kept good records on expenses, improvements, etc, but the one thing that was always a pain was having some kind of log of when I visited the rental ...
Hello folks. I'm just getting started as a REI/flipper. I've tried to make my own spreadsheet which makes more sense to me based on my current understanding of deals. Is there any obvious or important things I am miss...