Scott Royer
Assisted Living Purchase
I have worked in long-term care for over 20 years now as an Administrator , and now I am running a healthcare consulting business on the side. Over the last few years, my wife and I have got into real estate investin...
Nick Verhein
BRRR - Difference between Appraised and Assessed Value
In the process of ramping up on the BRRR process and am building out a model for use in evaluating opportunities rather than using pre-built calculators, templates, etc. I'm currently evaluating an opportunity where t...
Matthew Orton
Michigan SEV Calculations
I have an opportunity to buy a student housing property that was sold a few years ago for $8M, at a reduced price of ~$5M due to Covid and a few other issues. The property has an SEV close to 50% of the original $8M p...
Jon Berger
Assessing Rental Viability of Primary Residence
Hi All! I'm new to BiggerPockets and looking for your feedback
I'm wondering how everyone would approach assessing the rental viability of their own home. We are potentially moving next year and want to assess whethe...
Michael Holmes
Cap Ex Adjustments with an HOA
How are folks adjusting their maintenance/repair and cap ex expense estimates when an HOA is present? My thought is that maintenance/repair would stay the same, but eliminate the cap ex since the HOA covers those typ...
Trey Manfield
Off-ramp for hemorrhaging negative cashflow
Greetings everyone,
13 months ago when planning to move to Monterey, CA I was swept up in a wave of enthusiasm to enter the real estate market after feeling like I missed out over the past 15 years, and I used my VA...
Dennis Guinto
Buy property from parents and renovate it?
Good morning,
I want to bounce some ideas off you guys and perhaps get some feedback. Here’s the situation:
My father owns a 2 Bds/2 Baths house (1190 sq ft) in Pasadena, CA. Nice little house in a nice neighborho...
Edward Jordan
Capital gain taxes
I brought some land in ohio 2 years ago for 15k and now someone want's to buy it for 25k. i have 2 question. do i pay the capital gain tax in the state where the asset is located. how much do i have to pay in taxes i...
Michael Williams
Military Mover - Fort McNair / Wharf advice
Hi everyone. I’m military and moving to DC in the next year (summer ‘23). I’ll be at Fort McNair, so I’ve been looking at the Wharf area (20024), Condominium to buy (goal: buy, then rent for cash flow). My question...
David Rogers
Cash Flow and Property Taxes
Hello BP!I'm running the numbers on my first potential investment and am at an impasse regarding property taxes. With current rental rates and property taxes it seems impossible for me to cash flow unless I have a $10...