Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Stephen Chittenden
Third Project Complete - How'd we do?
Our third project was another single-family home in Havre de Grace, MD. This home was originally listed at $115,000, but we were able to negotiate the price down to $81,900 (about $85,500 after taxes, fees, and realto...
Monica Corbett
Help analyzing a deal
Hello all, My husband and I are interested in a deal and have used the Bigger Pockets analysis software to evaluate the deal. Is there a way to post the pdf of the analysis here to ask for advice?Thanks!
Derrick S.
RE Broker wants a WRAP rather than Sub2 - Explain like I'm 5?
I'm not sure about the suggestion of the broker that is selling this property. I requested a Sub2 agreement with the seller (It's in probate, they're just trying to get out without losing money), and the broker said t...
Nancy Curran
Wear and tear vs. not wear and tear
A tenant just moved out (a couple) after living in one of my apartments for about 4 years. Good tenants, paid rent, didn't complain much. When they left, I walked through the unit and they left it in pretty good shape...
Robert Howard
Buy and hold investing BRRR strategy with a partnership
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
Joel HusVar
Looking to start I have a few ideas which ones are good/bad
A friend and myself have decided it's time to start buying properties due to the fact my local market is in a bottom market and interest rates are so low, it's practically free money. I feel in my market it's best to...
Matt Lowery
How Is My Insurance Policy Compared To Yours?
My local independent agent has carried my policies for 4+ years on these properties. How do these rates compare, should I shop around before renewing?Property A: Just cash out refinanced this bungalow last spring. App...
Sara Wylder
Foreclosure Auction Scenarios
Hi all —
Curious if there are any scenarios where you can loose money at a foreclosure auction.
Say you are the highest bidder and you win the auction - are there any ways that you can still loose the property after...
Brock W.
Phoenix - Sell SFR and cut losses or hold the property
Hello BiggerPocketers,I'm seriously considering selling a SFR, but want to get a sanity check from you.The property: 1150 sq ft, 3/2 detached home, 2 car garage, Estimated value $140K-$145KThe money: 2 years into a 30...