Dennis O'Loughlin
Taxes and Refinancing with BRRR
27 June 2024 | 10 replies
Your first question is the debate between Repair vs improvementRepairs can be immediately expensedImprovements need to be capitalized and depreciated over their useful life.The other issue is if the property was purchased in unlivable condition and you rehab it to become livable, all repair / improvement costs need to be capitalized.
Jacorion Williams
What’s your House Hack Story?
25 June 2024 | 31 replies
We used that money over time and saved up.
Dan Powers
Mt. Airy Flip w/ Detached Garage
26 June 2024 | 1 reply
Happy to connect if you have any investors over here in Western PA!
Jared Schweiss
Adding Patio to Fourplex
26 June 2024 | 7 replies
If none of the other rental comps in the area have patios, it may be "over-improving".
Account Closed
Any way to verify other offers on a property?
25 June 2024 | 11 replies
I'm sure it happens anyway but over time the scoundrels tend to be found and weeded out.
Aubrey Ford
Purchasing community well
25 June 2024 | 2 replies
Once you take over operation of the system, you will be required to keep it running (by the County Govt)You're losing money already and you don't even have all of the true numbers.
Rereloluwa Fatunmbi
Seeking Advice on Renting Newly Renovated Home in Akron, OH (44306)
27 June 2024 | 14 replies
Your COC is 20% if you have no other repairs, vacancy, etc, which over time you will.
John Oertel
Need Help with 4 Bed/4Bath STR Bedroom Configuration
25 June 2024 | 6 replies
It is a bunk room with 2 twin over twin beds.
Sangwon L.
1st investment. Moving to Sacramento. Buying duplex and do househacking. Need advice!
25 June 2024 | 7 replies
I'm just over the hill in Reno, NV and have successfully house hacked twice.
Emily Anderson
Investing in Fresno | Why are there more bookings in the summer than in winter?
25 June 2024 | 8 replies
Hi Emily,Thanks for sending this over.