Ronald Wilcots
Feeling the Pressure
(1) Is flipping really worth it or should I try BRRRR?
(2) How do I decide what is the better option?(3) I have no capital can hard money lenders be trusted and is it as dangerous as it sounds?
(4) Should I study f...
Katherine O.
?Vacant Land
Is this a Deal? I found a property on the MLS for $96K. It's in an area where homes typically go for $1.1M. It's 0.3 acres with gentle slope. It's in a pricey subdivision (golf, club house, etc...). Depending ...
Wade Stahle
how is income taxed when house hacking?
So, I live in a duplex and rent the other side out. My mortgage is $1167 and the tenant rents the other side for for $1150 and pays all utilities. How much should I set aside for taxes of that $1150? It should be note...
Nicole Wood
10 unit 5 home package as potential deal
Tomorrow I am looking at a package of 10 units spread through 5 homes. There is one triplex, 3 duplexes and a single family home for 320000 or so. Just looking for some advice on the non traditional terms we have come...
Geoff Livingstone
Good Investment for first time MHP?
I currently own SFH's and a 4-plex. Looking to expand into MHP.
Considering a MHP built in 1969 with 22 sites, all owner owned homes. NOI: $101,866 (Revenue: $110,000 - $8,134 expenses) Asking Price: $1.1M
Total...
Chris Henry
Suggestions for offsetting passive income
Hi there, and thanks for reading.
I have a rental property with strong / steady annual net income of about $100k/year. This is after all expenses/depreciation.
I'm not looking to build a rental portfolio, but wonde...
Kevin Kim
percentage on rentals in chicago
Hello, I am learning and reading during the quarantine. Is percentage the same as bigger cities and small cities? if that make sense?
Drew Slew
NJ Jersey City - rental income tax
Basic tax question if anyone can help for a 2 family in NJ, Jersey City.Tax is around 20%, and rental income is considered capital gains?Lets take example 50k rental income for 12 months,property 7k taxes per year,let...
Serafin Farias
Multifamily analyzation help
I know of a property and am trying to determine a "ceiling" for the most that should be offered for the property. This is a question about process and analyzing deals.I know of a triplex whose rents total $1,200/month...
Eli Shicker
How are Closing Costs / Attorney Fees covered?
Hi,When syndicating an apartment building, who typically covers the attorney fees and closing costs? Does the syndicator or is that a fee paid out by the investors?Thanks.Eli