Assessed value: 35,000.00Purchase Price (cash offer): 17,000.00Cap Rate 7%Rehab costs: 12,000.00Monthly Rental income: 650.00Management fee: 8%Monthly repairs: 10%Is this a good rental deal? I tried using the analyzer...
Hey BP,I am looking to roll my Simple IRA into a SDIRA so I can have control over this money and invest in real estate. I was originally intending to use these funds for fix and flips, but since I cannot be involved i...
hello BP community,
What is the best way to comp triplexes and quad places. I am having a hard time trying to run the numbers.
Thank you
Tony
Hi everyone, just curious if there are any websites around that detail trends in the market (e.g. historical sales over a period of time, # of active listings year on year, # of listings sold year on year). I found an...
I am currently underway on a flip and I am a few steps behind! I have a 2k square foot home that I need some work done for. I am going to be changing the layout significantly, buy am currently in need of a current flo...
Hello Everyone—I'm new to the investing world currently living in NYC as I finish out my last few months of school before graduating. My plan is to start investing in the capital district of NY, since that is where I ...
Hey everyone, I'm just getting started on this new journey and I've identified what seems to be a nice first investment property. I've been using (and loving!) the rental tool here on BP to analyze different propertie...
Hi everyone,I found a deal that can annually generate $17k annually in rent, @ 100% occupancy, AFTER taxes, mortgage, maintenance fees, internet, utilities, etc.Plan: Master Lease Option property with a downpayment ($...
I thought California had to be the worst state to LLC in ($800 annual Fee and a small amount of tax), but Tennessee seems to be even worse ($300-3,000 annual Fee, a small franchise tax, and a big 6.5% excise tax). Any...
Hello BP, General question on 1031 exchange. I've read up on a lot of the details but I'd love a definitive answer to a unique case I'm working with. Purely investment property mixed retail/residential, bought in Octo...