Hello all:-). I’m a newbie here and researching the prospect of flipping a house. I have subscribed to a couple of wholesale email distribution lists. My question is whether the asking prices are firm with wholesalers...
Hi guys,I'm brand new to investing in real estate. I've spent a solid month now listening to BP podcasts and other YouTube videos. The BRRRR strategy caught my interest, but I have a question.Let's say I find a proper...
Hi, I'm wondering about whether or not I can write-off an expense I had this year. I purchased a property last year and it didn't have a fence, because the previous owners took it down (and to their new house, I assum...
Several external factors determine the best time to invest in a property, whether it involves getting a mortgage or making an instant purchase. However, the most significant influence tends to be the yearly seasons of...
Hello BP community
I just bought a 2200 square feet single family home in Baltimore City. My wife and I are planning to flip this house. This is our first big project like this. We would like to get your opinion on c...
When evaluating a multifamily property (5+ units), one would determine the actual property income (the total income the property generated in the prior 12 months) and use this calculation as part of the calculation fo...
*This link comes directly from our calculators, based on information input by the member who posted.Hey Biggerpockets experts! First of all, I would just like to thank this amazing community for the support everyone p...
I'm working through some tax prep, and was trying to get to a depreciation value to use on secondary that I converted to a rental. The value assessed by the county is easy to find/use, but my property is worth more th...
DTI question (I am ESL. Please bare with me). Any input is greatly appreciated.
My husband and I purchased a rental in July 2021. After a rehab, new tenants moved in early September 2021. We are now preparing our ta...
I am looking to purchase commercial property. I am unsure as exactly how to determine the value of the property. If I am taking the income approach to find the properties value (which I believe based off research is t...