Jonathan Farber
The inspection is back now what? Who's best person to analyze?
Hi all, prospecting to buy a rental property. I obtained an inspection. There is a lot on there (not necessarily all bad) but being that the report is very dense, I am having trouble sifting through / understanding ...
Karena Wong
Newbie visiting Kansas City MO for buy and hold
Hi BPers!I'm a newbie from NYC, have yet to do my first real estate deal, and looking into buy and hold SFR to 4-plexes (low maintanence is ideal like B and A class 'hoods). I've been looking into different markets an...
Cliff Bradshaw
How can I add a (legitimate) Trade Line?
I have a timeshare that I have been paying for since 2003 and have not missed a payment nor have I been late. I am sure this will boost my credit score dramatically and I would like to know if there is a way to add t...
Troy Burgett
Tax Strategies and Planning
Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
Hussein Myr
Questions about the business model and activation of our LLC
As a newcomer in the home renovation industry, I highly need expert advice. I own an inactive LLC with my friend, and we intend to activate it so that the company can be eligible to utilize mortgage and construction l...
Sean Britt
Help Understanding Depreciation and Improvements
I am trying to understand how depreciation is calculated with respect to improvements. Please correct me if I am wrong, but my understanding is lets say I have a property I purchased at 200k. Lets say 50k is the value...
Seth C.
Distinguishing maintenance and capital expenses
Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
Ben Hofstra
Best Bank Account for my Situation
Hello all, merry Christmas! I have done a lot of research in preparation for my first real estate purchase but I haven’t heard any mention of banking services that stand out. I would love to open a joint account with ...
Michael Overall
Utilities and Interest during remodel Basis or year deduction
Good day, I bought my first 2 properties in 2024. I purchased then started the remodel before trying to rent. One was completed and rented in OCT, the other I am not done with and will be in service Feb 2025. I under...
John Woodington
Non-Homestead Clarification on Rental
Hoping someone here can clarify this for me. I searched the forums and couldn't find much. For reference, I live near Minneapolis, MN.I'm looking to turn my current home into a rental property when we move out. I'v...