I've seen several different ways to calculate the value of a commercial building. I believe that it's more based on rents versus looking for comps (like on single family residences). My questions are1) Is there one me...
Hi all, I'm Shane. I bought my first house last year of college in 2010 and rented to roommates to cover my expenses. Now, that house is paid off, I've bought a new house and have roommates to cover expenses, and I...
Hi All,
I'm at a pivotal point with my real estate investments and am seeking your insights and experiences to navigate some complex decisions. My current focus is on expanding my portfolio by acquiring and developin...
There have been some threads recently talking about working hard, spending less than you earn, etc. so I thought that there would be a thread on the subject book. I couldn't find one so I thought it would be a good i...
BP Community, I'm hoping you guys can provide some insight into my situation. I'll start first with my long term goals. Long term: I would like to make full-time income from residential properties I own and rent. Star...
Hi all!I made my first post on BP 9 months ago. It was basically a plea for help. I knew I wanted to invest in RE, but at 22 while in college there were a few obstacles in my way. I was looking to BP for any sort of g...
So,I know that Texas has no state income tax. Does this include net rent for rental homes under an LLC?For example, if I show a positive net cash flow of $1000 for a rental property, is the IRS going to collect any i...
Hey everyone,It's Greg again with another deal for review. I used conservative numbers with this one. Please give all the feedback, advice and crisitism you have. I'd love to hear about errors, omissions, unrealistic ...
Hi Everyone -I am planning on buying a 2 unit property and renting one of the units to my friend. I am giving him a good deal on it, so the rent will only be a few hundred dollars. I have done a lot of reading on all ...
I have 3 units under my belt as of now and all are cash-flowing pretty well, but I am still stuck in my dead end 8-4 job and I need out! I have put up with it long enough to get me where I am now but it's mentally dra...