Danny Randazzo
Market and Purchase Criteria to Help Your Business
With the unrest in Washington about reform or taxes, we don’t really know what’s going to happen. I don’t spend time watching the news or listening to people who don’t have experience in what they are talking about. B...
Yun Han
Seeking advice on depreciation / discrepancy on two appraisals
I am working on calculating the depreciation basis for my rental property, and I am currently analyzing two appraisals. The first appraisal was conducted in 2020 when I purchased the property, while the second apprais...
Tomas F.
Leaving a wall, how dose it helps for taxes??
I am planing to tear down a house and build a new one.Some people recommend to leave a wall in order to avoid impact fees.Others said that the idea it is to be considered a renovation and not a new construction...This...
Billy Daniel
Depreciation vs Expenses
Hey BP! Given that it's tax season, I've been looking over strategies that I can use to reduce my tax burden. For those who rehab properties, how do you report your expenses? Can I write off my entire lumber bill a...
Anderson Hargrove
Should I take this offer
My aunt had purchased my grandmother house after she passed away fix it up and is ready to pass it along to me.The problem is, when she brought the house she paid $370,000 for the house, almost full price of arv. The ...
Matt Evans
Master lease versus paying cash
Hi everyone, I have a newbie question about pursuing a master lease option on a commercial property versus just paying cash for it.Briefly, the property is pretty inexpensive, hopefully we could get it for around $125...
Chris Rhodes
Securing Credit for New Properties
Hello All,
I'm a newb here so please take it easy on me. I'll give you a little background and get to my point.
First of all, I live in WV, probably the most conservative bank lending state in the country, a good r...
Daniel Kevin Lara
DIY REHAB ARV vs PROFESSIONAL REHAB ARV
Now i dont know if the title even makes sense but let me break it down some.
so is there a difference in the ARV when refinancing when you DIY your rehab vs when you hire out contractors who specialize in this field?...
Chad Reott
How to evaluate rehab repairs?
Hi guys,
I am new to the investing game and looking to focus on rehabs and flips to start out. I am aware that a major focus in doing rehabs and flips is to accurately assess the repair costs that are needed to rehab...
Connor Williams
Multiple SFR or 1 multi fam?
Would you rather purchase 3-4 sfr with 25-30% downor 1 multi fam or commercial (apartment etc) with 20% down.I would have 450k to work with.