Michael Trinsey
Recommends for a CPA/Tax Accountant/401k checkbook in Montco/PA
I'm looking for a CPA/Tax Accountant and that's also familiar with the 401k Checkbook investing?In the process of purchasing a house and settlement is 2/26.
Jon Fields
I've made an offer on my first 4-plex. What do you think?
Howdy Everyone,I've made an offer on my first rental property and I'd love to get the take of the BP community. Details below:Property Type: 4plexNeighborhood Rating: Small Town B, Maybe B-Asking Price: $180kOffer: $1...
Desmond J. Hinds
Is having a Positive Cash Flow Based RentalProperty A Bad Thing?
"The value of the selling NJ Off Market 6-Unit Rental Property and the value of it now are based on the cash flow and conditions," according to the Realtor (in PA) attached to the NJ Off Market 6-Unit Rental Property....
Andre Alonzo
Lack of Trailing 12
I've been talking to brokers this past month and I'm seeing that most of the properties don't have a T12 available. At most, they have a T3. Are any of you making offers without a T12? Am I asking too much to see t...
Stephen Shelton
With rent, what gets taxed?
I have a question on what gets taxed when it comes to rental income. Of course there are loads of other factors but I'm looking for general answers for someone living in the US without state income taxes.For example,...
Madisyn C.
Duplex opportunity for 160k, need help analyzing
Hi all, I have an opportunity to buy a 2 unit duplex at 160k with nothing down, owner financed at 7% for 20 years.
Yearly combined rent is 25800 (2150/month)
I will be paying water- about 2400 per year (200/month)
in...
Cameron Delmotte
Taking The First Steps On A First Deal
Hello everyone,First discussion here on BP.I have been watching the podcasts and reading the forums and articles for a short time now, and am trying to get a solid understanding of this new world around me.Recently de...
Tyler Lloyd
Is this a good deal for first property!
Duplex 2 bed 1 bath on each side with 2.5 car garage. Listed for around 269kOffer around 250kRents for $2200-$2400 totalTaxes are about $6900Loan 3.25%Great area that will supply A+ tenants. This would be my first pro...
Randy Davis
Nashville retirement / rental property
My wife and I are beginning to plan for retirement, and would like to do that in Nashville as opposed to our home town of SLC. We are shooting for that to occur in abt 8 years. We've watched as the market in Nashville...
Will Kenner
Ask the tough questions
There's nothing like the feeling of getting that "slam-dunk" deal under contract. The perfect property at the right price, that checks all the boxes. This past week I felt I had such a scenario. After competing with 2...