15 October 2018 | 15 replies
Mainly because of the potential CapEx cost compared to the minimum income they produce.
17 October 2018 | 7 replies
I've included a $6,000 cost for fire restoration as a miscellaneous item but it does not show up on this report.I've used a Deal Analyzer from FortuneBuilders and have become dissatisfied with it, but I'm feeling MUCH MORE CONFIDENT with the use and presentation format these calculators produce, so thank you to BiggerPockets for creating these tools and the website to help investors, especially for a rookie like myself.I believe she's negotiable as far as a price is concerned and I was thinking of beginning to start negotiating at $269K.
28 January 2019 | 16 replies
If I can produce seller's schedule E's or a signed operating statement with detailed operating expenses below 20% they will use actuals, but with hesitation.
28 October 2018 | 99 replies
You do not want to get tangled up in a discrimination suit because you turned down George who brought a dog into the unit and produced a certificate from some online sight that says the Saint Bernard he has in the apartment makes him feels secure during rainstorms and full moons and this keeps him from having nervous seizures.
13 March 2019 | 196 replies
@Samantha Miller the only loan I can think of that doesn't allow any type of income to be produce by the property is a USDA loan.
25 October 2018 | 15 replies
You will have to decipher what's required and produce it or more than likely engage and hire an architect/engineer.
26 January 2019 | 6 replies
For this purpose, section 267(b) and 707(b) definitions of a related party is used but substituting 20% instead of 50%.Who are Eligible Taxpayers that can make the election The statutory language suggests that the taxpayer that sold the property producing the gain being deferred must be taxpayer making the investment in the QO Fund.
24 October 2018 | 2 replies
Each deal that I have produced, I have had to agree to split with a friend, who has a very large cash buyers list.
25 October 2018 | 14 replies
Then produce a P&L statement for my 1/2 to take to my tax guy?
4 March 2021 | 7 replies
I bought it fully occupied and up to date with each door producing $400-500 each month.