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- How to calculate rent increase for Month-Month vs Yearly Lease
@Kurt K That's a great question and is a very tricky one This really depends on you and your preferences and risk tolerances I can't speak for everyone but I can speak from my management experience With our plex's we charge 12% more than the standard rent for month to month leases For a typical 6 month 2 1 we charge 850 for a 6 month lease and month to month is 952 You have to remember
- Owner-occupied duplex, how to depreciate properly
However, the "Percentage of business use" does not seem to apply to "I - Residential Rental" per the instruction on the right 3) put the duplex in one single Schedule E, with half of its cost basis
- High-rise condo depreciation: how much land value tot exclude
Multiply that percentage by your $250K purchase price to determine how much of your condo purchase price to allocate to the land If you can't get the assessment from 10 years ago, use the current tax assessment in the same way Divide the tax assessor's value of your share of the common elements by the value of the condo
- multi family % of closing cost as a rule of thumbmulti family % of . . .
when buying a multi family property whether a 25 unit or a 60 unit what percentage of the purchase price is typical to pay in closing cost? what are typical closing cost other than what I listed below? Title, inspection, appraisal, prorated taxes, prorated insurance, what else?
- What Are Typical Real Estate Developer Fees? - BiggerPockets
Anyone who is investing in a commercial real estate deal should take the time to really understand how their money will be spent This is a critical step in the due diligence process that many people overlook Instead, they look at the total project costs without requesting a detailed breakdown of all fees
- How Much Should You Have in Reserves Before Buying a Rental?
In a recent BiggerPockets Podcast, a listener wrote in and asked, "How much reserves should you have when you're going to get into rental property investing?" Here's the amount many banks require, as well as how much I personally have and what I'd recommend for others (Plus, how to invest if you don't have any!)
- Rental condo, 100% of value depreciable? - BiggerPockets
The tax records of my rental condo shows 0 for assessed land value and the assessed building value as the total assessed value So far I was convinced
- What Belongs in Your Net Worth (and What Doesnt) | Blog
While net worth is an everyday term, I actually recommend you instead calculate your investable net worth as a far more useful and realistic measurement of your wealth Here’s what to include, what not to include, and more importantly, why you should exclude a few key numbers
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