Jim S
Rehab on a burned property
Has anyone rehabbed a house that had fire damage? The fire in the property that I am looking at started in the basement. The joists for the first floor living room are severely damaged and the house has a very strong ...
Nicole Parnell
Capital gain tax on selling real estate in 1 year
What is the % of taxes I may be subject to pay on a property I lived in for 366 days then sell at a profit? I'm getting mixed responses on this. A real estate agent told me 25% of the gain. A lady on biggerpockets for...
Roy Mitle
confused about depreciation
For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
Rich Rifkin
Taking Control, a marketing approach
I cannot emphasise enough how important this subject is. Effective marketing brings customers to you - when you get them to come to you the result is a home field advantage.
Customers are the key to success. You ...
Alton Phouvong
Factoring in mold for SOW
I am attempting to submit an offer on a property. Can anybody help me figure out how to factor budget in a moldy basement? The entire basement walls are covered in mold spores and it seems like there was water damage ...
Bart K.
Potential Tenant Issue
Hi, this is my first post. Long story short... My wife and I moved into a new home and are renting out our condo that we lived in for 7 years. It's older, but I did a lot of work to it before we rented it out. Got ...
Yvette Daniels
Stuck with a Bad Property Manager in Detroit
Hello,
I own a single family home in Detroit. My property manager has never been good with paperwork, but I am at my wit's end. The property manager has a contract with HUD, where she rents out properties to tenan...
Paula Moore
How much rehab is too much rehab?
I have found a bank owned, rather tattered house sitting on 1.6 acres in a GREAT neighborhood that will need significant rehab to flip and get in shape to sell. The bank is asking 49k. A contractor estimates about 90 ...
Darwin Crawford
My Personal Experience with Credit Coaching (Repair)
BP - Hope 2017 is going well for you. I wanted to sit down, and type this out to share with the community, and give some insight to my own, very recent journey with what a lot of people call credit repair, but I'm go...
Konstantin Komkov
Commercial Property Valuation
Hello, does anyone have access to CoStar. I have a commercial property in mind and I want to get estimated market value for it. I also want to see how report is made and what info you get wirh it. I do not want to do ...