John Michael Roberson
Passive Income Tax Status for New Construction?
I have been in talks with a GC in Georgia and his method of building is: He builds everything at costs and doesn't include any markup or fees, he oversees everything, I only supply funding, and we split 50/50 the prof...
Archie Chambers
Financing for BRRRRs
Hi everyone, my name is Archie. Im new to REI and I have many questions and super excited to begin this new journey. I was looking for advice on how to fund a property using the BRRRR method? I have 40k in a 401k. To ...
Steffany Kluttz
What to ask a property manager
I'm looking for turn key property management on a single family house. What do you look for in a property management group and what terms do you want in you contract? Some have flat rates, some have percentages, evi...
Mark Andrews
Depreciation basis calc
Suppose I purchase a property for $200k. Is my depreciable base the entire $200k or do I have to back off the amount that is considered land?
Taylor Rouse
Need advice for structuring Million $+ family CRE deal
I have a family member who owns commercial property in a highly desirable (luxury) area on the east coast that has seen explosive growth over the last 10+ years. This area has a strong median income and solid rental r...
Kyle Carter
Distressed property valuation
Hello BiggerPockets Community! When it comes to determining the price to pay for a distressed property, how do you determine that? How do you know when you shouldn't pay more than the value for the land? How do you ge...
Christine Ong
Structural Issues
Help! My offer was accepted! Going in I knew this particular property had structural issues. And I had inspected the property with my contractor. He had quoted me with the more expensive method of repair and we took t...
David Neely
Line of Credit vs. Conventional Mortgage
Hello BP,I'm negotiating on a quad right now. The company I invest in the stock market with offered me a LOC utilizing my portfolio as backing with a 2.5% variable rate, no fees. They told me that while the interest i...
Sieanna Ariel
Owner-occupied 203k Multifamily
If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...
Gil Happy
Best Method To Finance BRRRR?
Hello,
I have a question about the BRRRR method - actually, it may not be about the BRRRR method, but rather the best method to finance single family homes (SFH) used for rental purposes. Here is my situation:
- My...