Nick Connor
Income producing property question
I have a question regarding the Cap Rate formula that someone told me about today. From the information that I gathered on multi units, you take the yearly income on your investment minus the yearly expenses, then mu...
Shi Esguerra
Newbie with zero direction in pricing rent for MTR
Hey gang, I’m learning, reading, listening to podcasts, meetups, etc. Initially my draw to investment real estate was buy and holds to build a legacy for our children (one of our kiddos will need finances covered for ...
Scott Bartlett
Landlord Bookkeeping Spreadsheets?
I've done a few searches on BP.com and the advice appears to be invest in QuickBooks or using online bookkeeping services.
Since I've only got one property, I'm still looking to create a spreadsheet or just to look a...
Charity Phillips
Best Business Entities for Starting in Rental Properties?
Hi all, 4 months ago my husband and I bought our first home & rental home together in Lafayette, Louisiana. The home we stumbled upon is in a great area and was a 1br/1ba at 1670 sq ft. It was built for a widowed...
Josiah Collins
Primary residence loan questions
Hey everyone!So my wife and I are currently under contract in a home that’s going to be our primary residence. We got preapproved to buy are new home without making it contingent upon selling our current home. We are ...
Account Closed
Onsite management
I've been looking for a larger multifamily building in my area lately. I've decided I will use a property manager, but at what point do you need an onsite manager and/or handyman? I have a 90 unit under contract rig...
Rolando Rivera
Newbie from Houston, Tx
My name is Rolando, I am 28 years old. I started listening to BiggerPockets podcast in October. I am planning on house hacking. I already saved enough for a down payment, and been pre approved. I am currently in the p...
Travis Odette
Rental property income investing
Hi all!!I think I know the answer is yes, but I want to get some input.If I profit $10k (or any amount) from rentals and invest all that into the next rental purchase to add to my portfolio, do I pay taxes on that $10...
Nate Hubley
House Hacking Analysis Negative CoCROI
Hey all,
I am currently analyzing multifamily properties(duplexes) in potential markets that I may wish to invest in for a house hack in the future. When I complete my analysis for a house hack, assuming one unit is ...
Brandon Earman
First Deal/SFH Owner Occupied Help
Hello BP. Fresh out of college, I've got $10,000 to utilize. I'm currently living with my grandparents but looking to move into a place of my own.
My concern is that once I put all my money into closing costs for a h...