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Looking for options. (1) Not put good money after bad. Shall I sell the house, and take the loss on my tax return, (2) restore and sell but with a declining housing market does it make sense, (3) Zillow estimate preda...
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Hello investors and property managers!I'm Sam, and I am a Restoration specialist. I'm also newer to the investing world with my first multifamily purchase beneath my belt. In my initial networking leap forward here I'...
I have a I have a duplex with heavy fire damage how I calculate the repair cost? Should I multiply price per sqt ft x 2?
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So I found what I think could be a potential good investment. I think I could get it for a low cost, but by the sounds of the description there may be extensive fire damage. No pictures just says "Fire damage, needs r...
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I'm looking for some advice for how to go about getting my second house hack. I bought an owner occupied duplex last September 2021 with a 0% down VA loan. As I understand the regulations I could technically qualify...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $278,000
Cash invested: $389,000
Sale price: $775,000
Restoration of a 1895 Victorian home. Restored original ...
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Hey everyone,
I’ve done a few deals so far and have realized I really want to restore historical homes. I’ve seen many of them in cities surrounding me get gutted and quickly flipped. I want to restore these old home...
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I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
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Used VA loan to buy a place in April of this year, heard about using the IRRRL to reduce mortgage payments after owning the place for 6 months. Seems like a no-brainer, if the numbers work out. My question is if I do ...
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Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 ...