Scott Edwards
Depreciation and Deal Analysis
15 March 2018 | 4 replies
@Scott EdwardsI think part of the reason this isn't usually taken into direct account is everybody's tax situation, bracket, etc. is different, so it's very difficult to estimate how owning a particular property will impact their tax liability for the year.With that being said, it's a definite benefit of owning real estate and more sophisticated rental property calculators do show the tax benefits (like depreciation and mortgage interest deductions).
Clarence Bell
Need Contractor for Walkthrough of Property in Woodlawn Chicago
14 March 2018 | 0 replies
I haven't had a chance to make it back to Chicago so was hoping people had recommendations of who they've used for walkthroughs.Thanks in advance!
Marci Stein
REaltor asks for money to view house?
16 March 2018 | 10 replies
It depends on how busy they are and what you're asking for them to do.On a related note, contractors are usually charging to give estimates now due to how busy they are.
Cindy Hurtado
Analyzing Deals in NC & SC
3 May 2018 | 10 replies
@Cindy Hurtado You can't base your estimate off of the tax history in SC.
John West
What should I offer on this mobile home park in Maine?
18 April 2018 | 11 replies
Turns out, he was thinking about selling, but hadn't had a chance to list it yet.
Deren Huang
UGH Jobsite got broken into
16 March 2018 | 5 replies
Whether you have security or not, most people don't take a chance when they see signs.
Carrie W.
cost of renovated versus unrenovated apartments in NYC
16 March 2018 | 3 replies
There aren't really any formulas for this, your best bet might be to look at the pictures in rental comps other than that I would estimate the difference to be about $100 in rent for every $1000 of rental value if everything in a non-updated unit is clean, usable and looks reasonably nice.
Daniel Kern
First Time Attending a Tax Lien Sale
16 March 2018 | 9 replies
I had gone through the whole list and came up with my estimated value of each property I was interested in, but I assume there is a more formalized calculation of Lien Amount to Property Value to Max Bid?
Sezuo Daudu
Four plex in Chicago land area.
16 March 2018 | 12 replies
If you want great cash on cash investment, DM me and I’ll hip you to where you need to look, versus where you won’t have a chance against all the other investors out there (and on here)
Matt Inouye
Accessory Dwelling in OC California - Is it worth it?
24 December 2019 | 6 replies
Hello BP Community,I wanted to reach out and get opinions from local flippers/rehabbers who have done accessory unit additions in orange county california.I have gotten quotes ranging from 150-200/sqft to almost 250/sq to build a new accessory unit and I am trying to dial in a better estimate to figure out what the cost/benefit might be and if this might be a deal.