Since I am a newbie, I need to ask a question about two vacant fourplexes on one property. I think I read on BP that a four plex could be financed under conventional financing but five or more units are considered ...
I just started looking at this subject and already I have seen thousands of ads and discussions about tax liens. It seems there are dozens of experts (con artists) that will show you how to make millions in tax li...
I passed on a 4-plex that was a foreclosure recently for many reasons. Among those reasons, it was virtually impossible to find anything out about the property in terms of previous rents, repairs, etc., as it was ...
Someone asked me a question on my site about changing depreciation for past years. I did some research but could not find a solid answer.
Let's say you buy a property for 200k and use 100k for bldg and 100k ...
My husband and I own a number of single family rental properties in Oregon and California. We are having LLC's drafted for each and every property. We hired a lawyer for all of our rental properties in Oregon becaus...
Hello Everybody,
This is Rey from Allentown, PA during off time i have been studying different minimum to No-Risk Methods such as: Wholesale's, Lease-Options, etc... discovering my new passion in life [REI] now I h...
I'm interested in rolling my current IRA's over to self-directed IRA's to be able to invest in real estate. Any advice on what custodian to open it with for ease in conducting RE transactions, fee structure, etc? Ap...
Hi BP Community,
Just wanted to take a second and introduce myself. My name is Scott Bloomberg, and I am a new investor from NYC. About 6 months ago when I recieved a settlement for an injury, I began to re...
I am looking to purchase a 50-60k apartment near my home. Pending I find the right one where the numbers add up and I can make a small profit, is there anything I am missing from the below check list?
1. Research p...
Property price 22k condo turn key or very minor repairs.
Analysis
Low side of rent 600/mo
P and I with 4400 down 95/mo
Property Management 60/mo
Vacancy 60/mo
Maintenance reserve 60/mo
Taxes 30/mo
Hoa 135/mo
(Hoa in...