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I have a fourplex that was damaged by fire, thankfully no one was hurt.
For ease of the example, let's assume the following numbers:
Property was purchased for $150k. Insurance check I will get is $80k.
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Well, not my first post, but my second. Used my first to provide feedback to someone else. Little bit of an introduction. I grew up on the south side of Indianapolis, lived in Orlando, New Haven, CT and now am livi...
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I'm currently looking into buying my first duplex/triplex to try my hand in rental properties. I'm being overly cautious at this point as I don't want to walk into a nightmare of an experience. This is the first home ...
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Somewhat confused here, how can a property appreciate, yet one can claim depreciation for tax purposes. I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350...
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Hello,
I am trying to determine the feasibility of putting my existing and future properties in an LLC. All of my loans are and will be conventional, and I have no desire to go to commercial route due to higher costs...
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Hey allIm sure this question is asked 100 times a day, but it would give me a peace of mind if my specific question was answered. As I continue to save for another few months I am heavily looking into purchasing eithe...
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Hey BP, its been a minute. Anyway long day so I’ll keep this post brief. Just wanted to hear some opinions from older, wiser people.Donating... often times myself and many of you are asked to donate to a good cause th...
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Biggerpockets, What should a rookie do to prepare for and profit from the coming economic crisis? Should we continue trying to acquire properties or look to put our money elsewhere? Maybe a rookie should stick to...
Hey, previously I’ve had a property managers or all my single family homes, but I’m converting my first to self managed, and this property is out of town. My question is once I advertise this, should I require prescre...
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I'm a trustee of an SNT trust. The beneficiary is asking me to sell their current home (they live in it) and buy them a better place. The problem is that both properties would be in SF Bay Area, so I will have to fin...