Svetlana Kazantseva
Buying the first property (out of state, unseen) - advice needed!
Hi BP community! I have gathered the courage to make on offer on my first investment property. The deal seems good:
Good B+ area in Columbia, SC suburb, great schools, 3 bed 2 bath, needs some cosmetic work (repaint ...
Dennis Grundmann
Rehab- how much should I spend? Which improvements are a must?
Most properties I find have BAD exterior siding, decent roofing, old fashioned kitchen cabinets, oil boilers, and etc. Should I increase my rehab cost and make the investment property more rentable and sacrifice a hig...
Robert Matelski
Cleveland SFR Rental #1
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $27,000
Cash invested: $30,000
SFR purchased as short sale, required minor cosmetic updates before renting.
...
JJ Espinoza
Advice on House Flip in Cleveland
Hello all - I am new to flipping properties in Cleveland and I need some advice, here is the situation: Situation1. Purchased a 3 Bed, 2 Bath in Parma, OH for $83K2. The tenant is not paying rent and we are in the pro...
Steven Kubon
215 Glover Cir (fix n flip)
Investment Info:
Single-family residence fix & flip investment in Newnan.
Purchase price: $100,000
Cash invested: $45,000
Sale price: $200,000
Fix and flip, cosmetics throughout.
Wha...
Lindsey Keller
Red Brick Rambler Flip
Investment Info:
Single-family residence fix & flip investment in Phoenix.
Purchase price: $325,000
Cash invested: $45,000
Sale price: $414,000
Cosmetic Renovation that ran into Sewer issues ...
Stacy Davis
Primary Residence w/flip option
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $408,000
Cash invested: $12,000
Sale price: $479,000
Bought property to update cosmetically. Sold FSBO in 4 day...
Justin Wilson
Tax Deductions and Depreciation from a Rehab
Hello,This past year, I completed rehabs of two of my rentals. One rehab was strictly cosmetic, the other was cosmetic and a partial chimney rebuild. What are the IRS rules for claiming tax deductions related to reh...
Brittany Villamil
HUD home and Mold
Looking at a HUD home...was just put on the market for 145k comps are showing 180-190k. House is extremely outdated but all problems just cosmetic...except for the mold. Black mold coming through the air vents. This w...
JJ Espinoza
Advice on Flip in Cleveland
Hello - I am new to flipping homes in Cleveland and I need some advice, here is the situation: Situation1. Purchased 3 bed, 2 bath in Parma OH for $83K2. The tenant is not paying rent and we are in the process of evic...