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My W2 income over the next 3 years is going to be significantly higher than normal. Is there any way to avoid paying a high personal income tax rate on this income? I understand that if I am a "Real Estate Professio...
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So I know with the 50% rule you should account for half of your rent to go towards maintenance and repair expenses. Since not all expenses are going to happen every month like capex (is that how you write it or is it ...
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I found a condo in Searcy that appears to be a good deal. I've never bid on a property and am a bit hesitant. I'm in search of a loan for this deal. There is a $5,000 deposit that is refunded if I do not win the b...
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I'm looking to sell 2-3 single family homes and buy a MF. I've been quoted a per transaction cost (each sale, each purchase being 1 transaction) I'd be looking at 3-4 transactions in this scenario. How much in fees ha...
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Hey fellow BP members
I'd like to get you guys and put on this deal I'm supposed to get on the contract. It's a packet of apartment buildings in Jefferson Louisiana. 77 units in total. Bringing in $48,000 a month in r...
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What is a good ROA on a single family home?I guess I'm asking is. what percent after all paid for should you expect to take home in cash?
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I'm looking at some apartment buildings in the Forest Hill Terrace area of Richmond, Virginia. How is that area of Richmond over the last few years, and how's it looking moving forward?I talked to a few friends down t...
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Hello, BP Pros, I'm a fairly green newbie, working on building connections and becoming more financially aware. I have read Rich Dad Poor Dad, and have been binge watching many of the Mark Kohler podcasts. In an eff...
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I am looking to buy a small multifamily in Orlando, Fl zip code 32806.
Does anyone know what is the average cap rate in that area?
Thank you.
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Hey all,I’ve been looking into purchasing a few properties in Indianapolis, however I haven’t had much luck lately finding cash flowing deals. I’ve heard that in Indianapolis, property tax is 1% for owner occupied an...