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19 November 2024 | 7 replies
Depreciation for what is left after bonus depreciation, the building itself, is indeed prorated, however it's a relatively minor factor compared to bonus.And read this post please, since there could be other things not mentioned by influencers: https://www.biggerpockets.com/forums/51/topics/1122635-the-s...
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17 November 2024 | 12 replies
I'd compare the blended rate with how much you could get with a refinance otherwise and tell you whether it's a better idea to go with a full refinance or the HELOC route.Feel free to PM me if you don't want to share this information on the public forum.
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25 November 2024 | 14 replies
Also, try to find similar rental units in the same neighborhood to compare to so you have more of a rent range/conservative approach.
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19 November 2024 | 1 reply
How much value would a web site with direct booking bring to this kind of arrangement as compared to listing on Furnished Finders, VRBO, etc, particularly if we stick with the mid terms.
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19 November 2024 | 9 replies
Are there notable pros/cons to getting the property under an LLC compared to regular homeownership (us)4.
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21 November 2024 | 19 replies
This website (https://www.affordablehousing.com/housing-authority-mi/) allows you to compare the average price, condition, and size of homes available for Section 8 rentals.
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19 November 2024 | 4 replies
Compare that to hard money at 10-12 and 3-4 points and you can see, this has been very cheap money to scale.
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18 November 2024 | 1 reply
AI - Machine learning capabilities can help you calculate market rents, find comparable properties, and identify lucrative investment opportunities.
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20 November 2024 | 13 replies
.$100k for a 2/2 is high for the City of Detroit, unless at least Class B.So, you should take time to understand the NEIGHBORHOODS in the City of Detroit.You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseContact us with any other questions:)