I'm trying to understand how capex reserves factor into NOI, Cap Rate, Debt Service Ratio, and other metrics. Lets assume the following yearly numbers for a Single Family Residence (these numbers are made up, try not ...
Hi everyone,I am trying to figure out what the depreciation basis will be for the property that I will be closing in two weeks.I am buying a property with full cash, doing some minor exterior rehabs (place is already ...
I am considering leaving the corporate world (day job) and doing real estate full time. As part of my "plan", I am considering becoming an agent. Obviously I would be starting from the bottom, but I feel my past exp...
Looking at BRRR investing in the indianapolis area. Has anyone had luck in this area and what types / price points of properties are you having success with? Thanks!
Hello tax gurus, How are you folks doing?
Background: In this year, I bought a house in CA for an vacation rental in Airbnb and VRBO. Its going good so far. I spent close to 25K in setting up as an vacation rental. ...
Hi, I'm planning on doing a 1031 exchange. A good friend who is also a broker recommended finding a CPA to work out the number (unfortunately she doesn't know one herself). Does anybody have a recommendation?
I know what a preferred return is, and I've heard people say that there are deals when it makes sense, and deals when it doesn't. Obviously I'm only looking at equity deals here.Thanks!!
Hey BP Family!Recently, my partner and I came across and AMAZING MF unit in an AMAZING neighborhood. We got the owner on the phone, and let them know that we were interested in purchasing, only to hear that they weren...
Any tips or tricks on overcoming the fear and nervousness that comes with that first investment? You know what I'm talking about. That worrie of failing and loosing your investment. I've spent the last few months flip...
Here is a a post-COVID lending prediction from Fund That Flip, Inc’s CEO Matt Rodak and some steps you can take now to prepare. In short, you can expect:- Smaller leverage percentages- Larger financing costs - More st...