Scott Roelofs
Multi-Family Valuation and Depreciation Expense
We attended an event that had renowned author, podcaster, and 2000 plus door owner, Rod Khleif. During his presentation, he made a point of why multi-family was so exciting that caught my ear. He spoke about the valua...
Mark Gabriel
Financed Investment Property Returns
I am currently in the process of reviewing a few options for our first rental property purchase and I was wondering what a typical return looks like on financed investments? I have read that the basic rule of thumb is...
Rob Pattison
Needing a second opinion on my $51k tax obligation
I bought a house in Costa Rica, using partially money from my 401k through a covid distribution, which meant I escaped the 10% penalty but still am liable for income tax.I'm 59, and took out approximately $200k. This...
Christine Smith
Running the Numbers - Am I missing something?
I need a little feedback. This is my formula for running numbers on a property (it's faster than running a million BP reports). We're using a HELOC for our downpayment (that's the G-column), and I'm calculating CapEx,...
Kai Soremekun
Help me analyze this Los Angeles Duplex
View report
*This link comes directly from our calculators, based on information input by the member who posted.My first time trying to analyze a deal... be gentle. :)I actually really like this property. I've been l...
Tyreek King-El
Stashing away for Vacancy. Does it actually matter?
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
Account Closed
House hacking - Sch E
I am currently house hacking and want to know what the best way is to maximize return on Schedule E. 1. Dividing expenses - I see some post saying that I should just divide the unit by half. In my case, my tenants spa...
Jonathan J.
Looking for advice on fund rehab to turn Primary home into rental.
I'm been a homeowner since 2011, long story short I got way too much house (2500 sq feet, 4 bedrooms [to house a blended family], etc) for my income at the time, and the legal issues I had shorty after closing didn't ...
Jared Emerick
Making The First Deal A Winner With Creative Financing? How do you Exit?
Hello everyone,I have a property ready to get under contract. We're still negotiating, so this is a "worst case scenario (at the price now)" situation. Asking for thoughts and opinions. This will be my first home whi...
Catherine Peters
Financing a 5-plex - commercial loan?
Hi BP'ers!I ran across an MLS for a 5-plex today that is 4 1-bedroom units with a 3 bedroom/3bath attached on the backside and listed as a townhome. I have been speaking with my mortgage broker to see if there's any w...