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Hi I have a couple of tax questions.I sold my primary residence last year, where I've both lived and rented out half the house for the last few years. Let's say my house depreciates by $10000 every year, but since I o...
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Would be interested to hear from new and seasoned investors!I can start and others can add as well- Under improvement - I think lots of people try to get away with doing the bare minimum but expecting top dollar rent...
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@Mark I'm typically a buy-and-hold investor and purchase foreclosure properties, renovate, and rent (BRRRR strategy). Generally, there's a significant initial renovation (capital improvement) which on my analysis spr...
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Hi everyone, I just bought a 6 unit multifamily building in Somerville Massachusetts area (close to Harvard University). I am planning to redo all the bathrooms and kitchens for all units. This is an expensive area an...
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Hello - Looking to buy my first multi-family home in Cincinnati and perform a house hack to start my career in real estate. A lot of the multi-family homes I'm finding were built in the 1960s or even earlier. Is this ...
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Investment Info:
Single-family residence buy & hold investment in Garfield Heights.
Purchase price: $64,500
Cash invested: $12,500
I go into detail of the BRRR strategy we used on this purchase...
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Looking for a bit of advice on how to handle this situation. I just bought a duplex a 6 months ago and inherited the upstairs tenant. Downstairs was vacant, I cleaned up the apartment, screened and screened and got ...
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Curious to see what ways you guys do the math (and the pros/cons to spinning it either way) while doing lots of up front renovation on purchase of a home to prep it for tenants. Doing very very basic numbers: Lets s...
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Hello all,
I am a new investor who is also new to investing in Detroit. I am in the process of closing on two properties in Fitzgerald that I plan to rehab and rent out. I have also had my eye on Jefferson-Chalmers a...
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I inherited a house 5 years ago in the Philadelphia suburbs; at that point it appraised for 425k. I’ve been living there primarily, but travel often for work and will be purchasing a home in Pittsburgh since I’ve been...