Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.? How much depreciation do I get from 1 property/year...
Hows it going BP? Alright, I always find my posts to be way longer than they need to be, so I'm going too try and make this as short and sweet as possible.Basically, I've always done my taxes myself (turbotax), and ne...
Hellow BP, I would like to know if there are no rent increase laws in my state, how do I calculate percentage increase.?Thanks.
Just looking for some feedback on rules of thumb for annual rent increases. Is 2-3% fair?
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...
I'm looking at a SFH + ADU in Salt Lake City, UT as a potential house hack. Before I put in an offer, I want to run the numbers by some professionals.The property is 4BD/2BA in total, with 2BD/1BA upstairs and 2BD/1BA...
I'm looking into a property that's on the border of a C neighborhood. It's a duplex (3br and 1bth on each side) and only one side is currently rented for ~$650. Rentometer median estimate is about $1100 but BP insight...
How do you figure out what specific parts of the home need to be rehabbed to efficiently get the most value increase out of the home? Does the contractor figure this out or do you need to tell them specifically what y...
Hi All!Quick question here. My flip partner and I have different opinions on how to finish off a bathroom. Ranch home 3/2, tiny 3 piece bathroom on the entry level (see photo). This is a Pontiac tax auction home acqui...
Hello everyone! New investor here! I’ve found a property I like, ran the numbers and want to pursue it. But I don’t have the capital for a down payment. A cash out refi would raise my personal mortgage at least $650/m...