Hi BP,
I just found a property where the the Cash on cash ROI should be more or less 10% according to the numbers found on the listing. That being said, I am skeptical about the income stated, as most of the listing...
Hello All,
Your expertise is needed here… I am planning to purchase a duplex and I do want to take advantage of house hacking... What should my thought process be concerning monthly gross income receiving for rent? I...
I’m in the process of purchasing an established property management and real estate company. My traditional income has been from teaching. Is there a way to count the income from my new business towards getting lendin...
Hi BP,
I just found a property where the the Cash on cash ROI should be more or less 10% according to the numbers found on the listing. That being said, I am skeptical about the income stated, as most of the listings...
I am trying to understand taxable income on rental property. As an example, if I have 7 rental properties with a gross income of $110,868. My profit after operating expenses and depreciation is $41,262; is the $41,2...
Some feedback please.
I am in the initial stages of refinancing my existing primary home mortgage and loc.
Lender verbally asked for gross income, current debt , home value info, etc. Numbers and credit were ok. Got a...
Looking at the MFRs listed in my market the numbers include both GSI and Gross Adjusted Income. I took a sampling of 10 properties. The GAI usually runs up to 5%. The adjustment is not including the usual expenses su...
BP - Double checking my work and could use validation. Thanks in advance!When calculating the gross income using the current rent roll, how do you account for vacancy? Based on gross income (actual rent), vacancy is...
Hi there,
I'm a newbie from Istanbul / Turkey (far from US) trying to learn as much as I can in REI in US by reading forums, blogs, books, listening podcasts. My plans are to moving to Palm Desert, CA in one or two y...
I'm new to BiggerPockets and this is my first post, so if this inquiry is in the wrong section or if it's redundant, my apologies.
I've got 11 rental properties in the Atlanta area with a monthly income of around $1...