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Closing on another rental property tomorrow. Older 3br. 1ba home built in the 1960's.
Home currently has natural gas central unit with "NO" central cooling. The only cooling comes from window units. Pretty unusu...
Hi Bigger Pockets!I'm new to the investment world and figured it was about time I come with my hat in hand asking for some help from the community (I've lurked for long enough). I've been using the Rental/BRRRR calcul...
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Hello,I recently identified a 6 family property that is being mismanaged. The owner paid utilities/expenses are high. On top of that the rents for each apartments are roughly 100-150 under market rents on a conservati...
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So I have been thinking about this for some time. It seems like everyone tries to do everything in their power to increase their expenses and write-offs in order to not show any income to pay taxes on for their busine...
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Hello BP, I'm looking for feedback on a property we are analyzing. Please advise on what we should offer for max ROI based on gross income and expenses.Market Price = $275,000.00Annual gross income = $36,000.00 Annual...
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Hello All,
I'm new to BP, and I look forward to meeting many of you! I could use some help to figure out my next steps in this journey to be as successful as you all.
My journey started last year, April 2021 when ...
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Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
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Howdy folks, just wanted to know, do u guys give any value to extra acres when buying a mhp property. I'm looking at one now that has 20 unused acres, though it's nice, it has no real value to me and my offer. The 20...
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Hi, I have never bought a rental property retaiI. I have always bought my rentals as forclosures or distressed properties and fixed them up myself and rented them. This time a round I found a triplex that is all fi...
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Hi BP Community, it's so good to be back here.I have been learning about creating Sandwich Lease Options, and using them to help homeowners create a Rent-To-Own structure with potential buyers. Two home owners have co...