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Hello,
I have an out-of-state rental that I've relied on the property management to take care of it. I have owned the property for about a year and there has been minor fixes that already turned my first year cashflo...
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We started this project on March 1 and just completed the house July 3. We did a total remodel on this one we replaced the roof and the central unit. We took out a wall to open things up, replaced fixtures, and floor...
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Hey guys,
Here is my situation. A couple months ago I purchased a SFH for 57.5k, put 6k into rehab with a loan of 50k. It will probably appraise for 85-90k, so at 75% LTV it will come out to about 64k lo...
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How do you figure out how much money you’ll save on your taxes by purchasing an investment property? Or how do you calculate tax advantage?
Say (very hypothetically😂) I had an income of 400,000 and I bought a $100,...
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Hi All,
Has anyone worked with Smartland properties currently or in the past? I'm looking into the Cleveland area for a turnkey rental investment.
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I am just beginning my research into investing in rental properties as a way to augment retirement income and have a few (hopefully) simple questions as follows:1. Generally, when stating a "per door" income, what ar...
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I think I have narrowed it down to Pittsburgh. it's so hard to find anything in Cali. Any advice in Pittsburgh? Are there any agents out in Pittsburgh that anyone can recommend?Anything to watch for in Pittsburgh w...
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Hi all, I'm very excited to be part of this terrific community! Everyone on the forums are so helpful and friendly and I consider myself so lucky to have found BiggerPockets! My name is Katrina Poole, I'm a mom to two...
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I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
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Hey everyone, new to investing in RE. My first market ended up being a bust and decided to pick a different market for out of state investing. Looking into investing in Detroit, MI. Any insights would be helpful. ...