The deal https://www.loopnet.com/Listing/4300-Rosslyn-Rd-Houston-TX/16820570/Down payment is 25% of purchase price so I got 948,750 with remaining principal of 2,846,000.Income 7 of the units rented for 8050 and 20 un...
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
Why is tax not included in deductions for NOI?
Hi Everyone! My name is Carlos, I’m new to this website. I would always read the forums for information I needed an answer for. I’m on here because I need advice. My wife and I currently own 6 properties, I’ve been ta...
I know how i do it, just interested to know how alot of you come to your percentage on here.I see some pretty high percentages, and wonder if you guys are factoring in the same numbers as I am in my equations (rent mi...
Am I calculating ccroi correctly? The monthly number makes sense to me, but the annual ccroi doesn't. The annual column is only multiplied by 12 to create the annual numbers, maybe this is incorrect. Someone rip my nu...
I was wondering if anyone has used or heard of this company...Texasbestcreditrepair from Austin TX? I went to apply for a mortgage and my credit is still not where it needs to be, last I checked it was improving but s...
Hello, I am running numbers on properties using the BP rental property calculator. Each time, I am seeing significant negative cash flow. I believe that I am entering numbers incorrectly. Any tips/tricks on using t...
If my primary home is free and clear, are the home insurance and property tax considered debt? There is no escrow account and it does not show up on my credit.
Hello Everyone.....i just joined this forum bc as i was scouring the internet over the last couple of day this forum kept popping up as full of information. so thank you all for letting us newbies access all this weal...