As I understand it, you can depreciate appliances in a rental over 5 years. If I bought a house with appliances already in it, can I depreciate them? Or does this only apply to new appliance purchases after the initia...

There's a place I am semi-looking at with about 5 acres of land. It has a 6000sf newer custom home that was in the progress of being built.
Basically frame, windows & tile roof is up. Interior is untouch...

Hi BP Family , While learning on how to observe a rental deal generally before delving into the details, I cam across the tactic of just checking the Cap Rate on the deal , to see if it matches the investors interest,...

Hi all! Question: Should closing costs be included in property value (and subsequently in appreciation and ROE)?Context: I've been developing a deal analysis tool based off the walk through in this Bigger Pockets post...

Hi BP community So here’s the situation and before I start I would like to inform you all , i don’t think it’s a great deal but I would love others opinion. My partner came across a homeowner who wants to sell his pro...

When you are checking comps what exactly should you be trying to match up with other houses? square footage, bathrooms, bedrooms, basement, year built, ranch, high-ranch,ect...

what are the most important? or are th...

I am currently in the process of a cash-out refi. The appraisal came back in the ballpark of what I expected. However upon reviewing it I see that the appraiser used a building sketch showing a 5'x12' "open porch". He...

I have a deal under contract for 30k ARV 248k. It’s a vacant land lot. Is this a deal or no?

Purchasing my first duplex in the Twin Cities at the end of the month and am researching different software/apps to help manage receipts and tracking expenditures.  What do others recommend?

Hi All,First time poster with a question I hope this community can help with! We are looking at acquiring a multi family for $275K with 20% down. The issue we are running into is trying to determine if the numbers add...