Tony Wooldridge
Self prescribed Flipper to Buy and Holder Investor needs help!?
I started my REI business not quite a year ago with full intention of Flipping properties and years down the road transition into the BH space (not unlike many folks out there). However, an opportunity has presented ...
Yesenia Valdez
Looking to add additional legal unit to multifamily
Hello Bigger Pockets Community!
My name is Yesenia, born and raised in city of Chicago ( little village), I am new to this community and excited to learn and share all things real estate. I started investing end of 2...
Christopher Freeman
What Happens to Cost Basis if you Inherit a Seller Financed Note?
I'm wondering what the tax implications are for the heirs of a seller who dies while carrying the note on a seller financed deal.For example, suppose a seller has a fully depreciated asset with a $50k cost basis from ...
Joe M.
Worst month to find renters
A couple questions.
In your experience when is the worst time to have a vacancy? My guess is around the holiday season.
Second question is from a risk perspective. I have an opportunity to purchase a house that is...
Kyle Crane
Investment property vs second home
Looking to purchase our first property, but unsure how to classify it. I am intrigued by the idea of only having to put 10% down for a "second home" and having more cash in hand for some upgrades etc, but are the tax...
Matthew Manzi
New Investor in Binghamton, NY
Hello BiggerPockets Community!I am new to real estate investing and new to BiggerPockets and have to say how thankful I am to have found this community. Im a CPA by trade with a primary background in financial stateme...
Rich Chen
Buying real estate property doesn't make financial sense
Just a simple math:
Let's say I buy a home for a million dollars, with 20% down and 30-year term
interest rate = 5% + property tax = 1% + maintenance = 1% ----------------------------------------...
Jonathan Santiago
Gas boiler or Electric baseboard: Is it all just preference???
I just recently got a 3-unit building under contract that currently has no heating system in the home. I am trying to decide between rewiring the entire house and putting electric baseboard (this would also get rid of...
Chris Bernardo
First post for investor in San Antonio
Hello BP,I'm an aspiring real estate investor living in the San Antonio area. I'm currently a military pilot, transitioning in about 12 months to civilian life. I've been reading the forum and listening to BP podcas...
Kwok Wong
Seeking Advice/Help on Determining ARV
Aloha, I am a new investor trying to determine the ARV of a fixer-upper and looking to BRRRR the property out-of-state. The URL attached is a CMA Summary Report with on all recently sold properties, active listing, an...