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Hello fellow BPers,I have two multi family new builds under contract in Texas and Florida. I didn't plan on buying two properties at the same time but the building schedules due to supply chain and permit issues (so ...
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Who Else Besides an Architect Could I Hire To Create Drawings For A Property?
I spoke to the city and they said the person I hire must be a "Pennsylvania licensed design professional". I had originally considered lo...
So I was just about to do a Google search on real estate laws in Pennsylvania, then I thought, why don't I just hop on the Bigger Pockets forum and ask some actual investors from Pennsylvania. I'll probably get better...
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Here's a 1031 challenge I am currently going through now...In March 2014, I purchased a small two family owner occ with a tenant renting the other unit. In August 2014, I moved out and have been using it as an inves...
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Are you aware of the 1031 Exchange and how it works? If not, then this article will help you to be familiar with the 1031 Exchange and how is it beneficial for you as the investor.
A 1031 Exchange...
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We have half a dozen rental units (homes & townhomes). We have generally prohibited allowing pets. However, I see many postings saying that it can be a wise strategy to allow them in rentals.
We were recently wei...
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My partners and I are working on our first flip in Dekalb County and we have run into permitting hell. The house is a 3/1, just over 1000 square feet, and we are planning to make it a 3/2 by adding a master bathroom t...
Hi All,
Looking at this 6 units multifamily in CT, currently listed at $1.495M, trying to see if offering 1.25M is doable with the below assumptions. Made this rent roll pro forma w NOI, would appreciate any insight...
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Hi everyone! I'm getting ready to list my first large property with 3 separate units (Main Unit, ADU, DADU) on a SFH. As Landlords I'm curious to get your take on the below:-Which utilities (Electric, Water/Sewer, Tra...
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I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...