Hey BP Fam, I hoping to get an ADU built. Have already done some DD, ordered design plans and met with my local city..I'm looking at ways to fund this project. I'm trying to go a slightly unorthodox route and fund t...
It's been ~6 months since the mayor did the initial sweep. Still early but changes seem positive. Anyone looking into that area now or been in the area seeing a difference?
I recently purchased my first property. I factored in mortgage, taxes, CapEx (at 3% per year of purchase price), and a 5% vacancy and I'm looking at a 13.69% Cash on Cash return.When I purchased the property, there w...
Rent to value is 1% on a multifamily in NH but cash-on-cash 5% how to get to 12%?
Hi All -I have what I hope is a quick question for the tax professionals out there. The master bath in one of our rentals only has a jacuzzi tub, no shower head at all (weird, I know!). We're going to tear out the d...
Hello again, Im just closing on my first deal, its a duplex and i got it for 93k with 20% down.1 bed 1 bath fully occupied, units pay $450 each on a month to month lease. It already cash flows $400 but if i rehab for ...
This past year I bought a condo near the beach. I've updated and spent about 15k in materials. Are any of these tax deductible? All cosmetic stuff, cabinets, counters, floors, paint etc....Thanks!
My question is whether an abandoned property which has been gutted to the studs needs to be brought back all the way to habitability to qualify for reimbursements of costs. We have been getting the place ready for reh...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Six unit apartment building
What made you interested in investing in this type of deal?
Cash flow
How did y...
I just learned that Montgomery County (Alabama) has a 40-day time period for tax-sale redeeming parties. If the taxpayer sends the improvements affidavit to the investor by certified mail, and it has been more than 40...