I have flipped a few houses, but wanted to try keeping and renting. I just closed on a jumbo two unit in the Woodlawn neighborhood of Chicago. 2 3/2's. First floor is in pretty good shape, and the second floor need...
Hey All - Thoughts needed please!I am a fellow BRRRR strategy investor, having applied all I have learned from the Biggerpockets community on the topic to do many successful deals of my own. I am also head of legal f...
Engineered cost segregation studies is an area in which many people have a lot of questions about. I thought it might be helpful to address some of the most frequently asked questions that I receive.
WHAT IS A COST ...
So.....I do everything myself at my primary residence, and I am about to rent the upstairs bonus room (house hacking!) It needs a new window, and so of course I was going to put it in myself. After watching a few yout...
Hi there, I have a question regarding taxes on rental income. I live in Colorado and I've put my property on Airbnb which generate $500-700 as cashflow per month. My question is: If I decide to put those gains back in...
I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
I know it might be obvious, but I didn't see it anywhere around. If you're looking to track down the owner of a vacant property, you can use a skip tracer to track them down for a minimal cost ($15 - $20 bucks or so)...
OK, so I bought a house. Officially was listed as: 3 bed 2 bath 1 bonus, 1756 sq ft. Dirt driveway with "one car garage" (no car will fit in that garage though), built in 1910, new roof in 2015. Small town in the midd...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
Does anyone here have any general info about the best way to compete against other investors in regards to landing houses on the mls for rehabbing and selling?