Hi all,
Here in CA, anything over 4 units is considered commercial. I have the cash for a down payment on a small apartment building (6 units or so) but my credit is shot. Since this is an income property, how import...
I do understand the the brrrr concept as a whole. This is the concept that does interest me the most. What I like about it most is the quick equity gain right away which I think is superior to just buying a ready to r...
Hello BP Members,
I am evaluating a deal for 10 unit building. The building has single water heater and single heating units with outlets to all the 10 units. Currently, the owner pays for hot water and heating. I wo...
Hello Bigger Pockets! This is my first post so feel free to give me any and all advice!
My Wife and I currently have a 2 year old girl and another one due in May. Instead of paying for the apartment we had in the loc...
I've purchased multiple houses in the past and really enjoyed the rehab process. However they were all primary residences at the time. My question is what would you recommend to get my feet wet in a fix & flip bus...
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Hello Bigger Pockets members! I am a video game developer at a studio in Santa Monica. I discovered the B.P. podcast recently and I'm quickly burning through the archives while I am at work. This podcast/communit...
Good afternoon,I've been told conflicting information on this question from other sources, so I wanted to ask for clarification here. One of my rental properties has an in-ground swimming pool. When I bought the prop...
Hello all!
I found a 4 family in a very upscale part of St Louis and they are wanting $1.2 million for it. Any advice for acquiring loans of this size would be very helpful. I make $85k a year salary and have a go...
I am nearing the completion of a "skoolie" (bus conversion build) and am in debate over selling for a lump sum to help the fulfill my REI opportunities, or go the Airbnb route. If I chose to Airbnb, I believe I can ge...