Nam Pham
Floor Leveling and Lifting for BRRRR
Hi Everyone,Currently working through a BRRRR and wanted to get your thoughts on whether I should invest in floor leveling and lifting? My GC is recommending it to be thorough but it is costly. Would love to know your...
Edward B.
Tax writeoff on a charitable donation of property in Virginia
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...
Trent Kloter
Calculating sqft for RV/Boat Storage
Hello.I'm running an analysis on a RV and Boat deal. The property is RV and Boat with some storage pods. When it comes to calculating the price per sqft, what sqft # would you be using? the sqft of all the spaces + st...
Sawyer Smith
Are we using the wrong underwriting cashflow criteria?
I heard in a Podcast recently that one of the first things to check when underwriting a potential deal is that the average median income is twice that of the national average. At face value, this seems like a good met...
Jose Ortega
70% Rule Repair cost or Appeal cost?
When applying the 70% Rule to evaluate a property. Under "Repair" cost, do you evaluate what in fact "NEED" to be replace because is damage or you add a "REPAIR" cost because you want to upgrade?
Example: a floor is ...
Deangelo Mack
Price Per Square Foot
Hey Bp folks. Can someone help me understand price per sq ft. Im having a hard time understanding it and its uses. Thank you!!!
Mark Kitchens
Determining property value
Hi, just finished reading "7 Years to 7 Figure Wealth" (great book) and have a question regarding determining the value of a property. I'm assuming that when Brandon recommends buying property for 80% that we should l...
Michael Reiserer
San Antonio market
What's the consensus on the San Antonio TX real estate market? I see SFH in or around SA are quite affordable compared to other cities and lots of industries there (tech, military, healthcare).
Any insight much appre...
Carlos Santiago
calculating land value for depreciation
hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
Joe Conklin
Deal - Need Advice
I'm in the process of negotiating a deal and come here for advice. I'm having trouble getting my thoughts together as I have opposing point of views.Location: "B-" area / development in a "A" town with "A" schools. ...