Matt Anthony Soriano
First Property: FHA or Conventional (Specific Situation)
Hi all! I have been having trouble deciding between two options regarding my first rental property, so I thought it'd be best to just ask the BP family :)
Context: I am a newly graduated college student (graduated ...
Greg D.
New Porch Tax Implications (expense,capital,partial disposition)
I just had a new 3 story porch installed on a 4-unit residential building for $18k. This included the cost of demolition / disposal of the old one and construction / materials of the new one.1. Can I expense the cost...
Bennet Sebastian
Offering construction referral fees to brokers
Hi all,
I'm a commercial GC here in the Orlando market which like many other markets has seen a slow down in commercial construction activity. So I'm thinking of ways to get the phone to ring and I'm considering whet...
Paul Wolfson
Santa Clarita ADU Laws
Hello everyone. I’m looking to buy a SFH in Santa Clarita and build a new ADU in the back yard. To be clear, I’m not talking about converting a detached garage. I’m talking about new construction of ADU in the back ya...
David Sray
How much does cracking along door frames/windows scare you?
Hi folks,So I'm looking at a well-priced home as a second investment property and it needs some work. That in itself isn't too scary, but the number of sizable cracks inside the house are. They are in nearly every roo...
NA J.
How to determine rebuild cost
Are insurance agents plugging in tax assessors data to determine dwelling coverage. My rental is recorded as 3/2 built in 1923 but it's 2/2 and remodeled ~10 years ago.It's basically identical to this house, same cons...
Donald S.
Spec build comp data
Good afternoon BP I have an opportunity to buy a tear down and rebuild. This would be my first tear down flip. I'm trying to determine an ARV, but have some problems. There's only 2 infill builds info the area to comp...
Celso Rodriguez
Anyone in Austin, TX?
Hi all,I just started reading the BRRRR book by Biggerpockets and would be interested in starting in the near future. I've been looking at off market properties in Austin TX and the surrounding areas and have seen tha...
Molly Jones
How can property taxes go up by 164%?
I am very new to this, so I was floored when I found a property that had a tax increase of 165% in one year. https://www.zillow.com/homes/3800-36th-St-E,-Minneapolis,-MN...Is this normal? Can anyone explain why this h...
Joseph Gozlan
The 3 types of investors in this market
Yet another month with declining home sales (9th in a row).
While home buyers are definitely hurting, we continue to see 3 kinds of investors:
1) The optimist - they keep buying, haven’t changed a strategy, take in...