Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...
Hello,I recently found a property that is a 9 plex. It's 5 1 br/1ba units, and 4 2br/1ba units.From my best research the 1 brs will bring in around 550-600 and the 2 brs will bring in around 750-800 for a total of aro...
Up until this point, I've been using flat fee listing agents to list my properties, main reason being cost ($500/ listing vs 3% of sale price). But as time has gone on and i'm listing more properties, my flat fee a...
Good read. And it begs the question, if you're new to the game, how do you prevent professional tenants from moving in and taking advantage of your lack of experience? Indianapolis' worst renter owes thousands, but la...
Hello BiggerPockets family,
First and foremost thank you for taking the time to click on my post, this is my first big commercial "flip" (still in progress) and also my first time blogging. I want to share my experie...
Hey BP,I'm gathering financing options for my first MFH (6 or 7 plex) purchase.I've used both conventional and portfolio lending up till now, and feel comforable with it. However, I heard Jeff Greenburg mention that ...
We purchased our first investment property in Sep of 2017. We (*I*) thought it would take 3 months. (<--ignorance is bliss!) Fast forward to 2019 and we're just wrapping things up. BUT, the first side of our duplex...
I have a tenant that has always paid on time and been in the home for almost 4 years. Actually, she has been late once and I waived the late fee because I consider her a good tenant up until this point. This morning (...
Happy 2024 BP Compatriots! Congrats, you made it 😉.
First post of the new year, where if you haven't read one of mine in the past, I do a brief, hopefully insightful, dive into real estate and financial markets. Plu...