Account Closed
Why do we not factor P&I into NOI?
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
Neems Y.
Texas 4 plex MFH 2 bed/1 bath each
Hello BP. I found this deal that seems promising and I wanted to run it by someone to see if I am missing anything. Note: The numbers listed are provided by the seller and haven't been verified yet. Some numbers are e...
Ross Bernard
How to tell when a new roof is needed?
How do you determine when a new roof is needed on one of your properties? The roof on our two story home is 15 years old, 3 tab asphalt shingle. I have noticed several neighbors have replaced their roof this year. The...
Vlad Popovici
Can you split reno tax deductions across several years? (Canada)
Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...
George Mevawala
SHORT TERM RENTAL PLATFORM
Hi All,
I was just spending my Sunday evening doing what I normally do ( searching high and low on MLS for any new investment opportunities that get me excited ). I thought I would start a post to talk about the succ...
Javier Hernandez
I need some guidance please
There is a property in the San Antonio area (north hampton). that is a single family home the owner wants 175k with a possible lease option. (other homes similar 3bd 2ba are selling for 155k in that area.) do you thi...
Account Closed
Developers as Property Managers
Is it customary for the developer to also be the property manager? Recently closed on a commercial property (part of a larger shopping center development) and the developer of the property is also the property manager...
Cristine M.
Pre-qualification on loans
How important is it to be pre-qualified on a loan and/or preapproved for residential property deal (specifically single-family home)?
David White
Purchasing Single Family Properties Through LLC’s?
Hello all. I’ve heard it said by many that most banks will not lend to LLC’s when trying to buy single family homes. Are there any ways to navigate this?
Ashley Budyak
Finding the right location to invest
When looking for a market/sub-market to invest, I know that you want cost of living to be > cost to rent. How much greater should it be? And when comparing the two should I just be looking at the average payments p...