I have always been using a 85% building and 15% land value for calculating my depreciation basis. Now my accountant is saying I have to use the tax basis and the county is assessing most properties in my county at 50%...

Some of the wholesale listings I get say possible tear down and rebuild. I would do this if the number worked, but my problem is that I would have to pay an architect thousands of dollars for a set of drawings before ...

Hello - I just got under contract with my first property! It's a large (4000 sqft) multifamily brick home in St. Louis. It's a "fixer upper" and not in rentable shape currently, and the kitchen and bathroom are both f...

This list could probably be fifty bullet points long and still not enough, but here are some tips, honest mistakes and things I wish someone had told me, or they told me and I didn't hear what they were saying. These ...

Hey guys and girls. My brother in law and I plan to start investing by building new homes. I have a friend who used to be a home builder who can build me a 2000 as fr 4bd 2.5 bath home for 100k. I found a lot that I r...

Hello All!Does anyone know of any existing apps that can at least give a rough estimate of carpet, tile, wood flooring, roof, paint, sheet rock per sq ft?It doesn't need to be exact and I realize the quality and quant...

We're currently halfway through development planning (including soft costs) to a coastal multifamily development project. Looking for any anecdotal references on developers who have delayed current WIP projects due to...

Sorry this is a repost.We bid a renovation project to 3 GCs. I have only received 1 response so far. But the GC accidentally sent me a breakdown of his subs cost associated with the project with his mark up 45% pl...

I was reading the other thread by Brandon Turner about your worst tenant horror story. It made me think about some nasty houses I've looked at over the years. I have two that really stand out in my mind.

The first wa...

Hi allI just bought my first house hacking property in bloomfiled NJ. It is a single family home in a legal 2 family zone with 2 floors and an attic. I plan to live on first floor and rent out the second Fl and attic ...