Hello,I'm looking at an office building deal. Unfortunately, all the current tenants have Gross leases. I was wondering is there an expense rule of thumb (i.e the 50% rule) for office buildings? Once the leases expire...
Hey Guys I need everyone's opinion as I am just a couple weeks away from signing a contract on 5x condos, four are 2 bd and 2ba and one is 1bd and 1ba. The price I got him down to is $45,500 each for 2bd and $38k for ...
Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
Hello BP FamilyIn order to get a better understanding of analyzing buy-hold deals (SFR and Mult-Family), I am going into the MLS and looking up CLOSED properties and running the numbers that were provided by the listi...
Curious about what you look for in a property to make an offer.Minimum amount of profit after all costs?ARV percentages?SFH, Duplex?How many sources do you pull leads from?
Building a duplex and applying for a construction loan. We own the land free and clear. We will be using the land as collateral for down payment on construction loan. The cost to build is about $180k and the land is v...
I bought a duplex unit in Colorado Springs about 6 months ago and want to continue to grow my portfolio but with prices going up, nothing in the area is making sense to buy at the moment. However, the lot that this du...
Hey BP,Curious if anyone knows the downtown Charleston fence building laws. I plan to stick build one myself, under 6 ft, and not encroaching on the neighbors property line. Do I need to run plans by the city if build...
Hello I needed some advice about my idea. I am located in new york city. I am looking to buy a condo or apartment in nyc five borough area or any neighbouring counties( Long Island, Westchester). The reason is because...
Here’s the scoop…I have a CPA, but he didn't provide me the answer I wanted and/or think is logical when it comes to the topic of claiming "Partial Disposition", so I wanted to put it out to y'all. I'm a business own...