Pesi S.
Is Depreciation Really A Benefit to Rental Investor Or a Trap
Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...
David Hart
Business Plan Development Software? Which is the best?
Hey Gang,
I'm taking the sound advice of some really smart people from the BP community, and have decided to spend the necessary time to develop a formal Business Plan.
In an effort to do that, I've considered a fe...
Marshall Rousseau
Fair Housing Question
Since I became a landlord several years ago, I have always use the same screening process. When I show a property, I have prospective tenants show up dispersed every 10 minutes on a given evening. The typical evening ...
Anthony Porembski
A comprehensive list to follow to minimize mistakes
Hello people! This forum has inspired me a lot to say the least and by reading your stories and generously given advice has proven to me that all it takes is hard work, patience, tenacity and guidance. I’m just gett...
Matt Vezina
Why do so many lenders exclude Vermont?
Not that the answer will change anything just bugs my curious mind.. looking at all options as I head towards a first purchase in the spring and it seems like private money is effectively not on the list for any terms...
Blake Elder
Investing Timeline: When to switch to commercial
Good morning,My wife and I live in a 4-plex that we bought about 1 year ago. Our plan is to continue to purchase 4-plexes in the future. We bought the first one with an owner occupied FHA loan just in her name, and pl...
Tom Scott
How Big is Too Big For a Beginner?
What are the chances a complete real estate novice could put together a deal in the 1-2 million dollar range? Is it feasible to try to buy a complex of that size with essentially no experience? How would you finance ...
Joe Ciccarelli
Feedback on my analysis approach + 2 questions
Here is my process for analyzing an STR property:1. Use the average ADR & Occupancy on Rabbu (FREE)2. Use the ADR & Occupancy on Awning (FREE)3. Find comps on AirBnB and get their total before taxes (inc. fees...
Tony Nguyen
Larger apartments Vs Smaller Apartments
Hi all,
For the past 6 months I've been looking for 20-30 apartment units to purchase, but have been having a hard time finding deals that make sense. They're selling at 8 caps stabilized with not much value add oppo...
Yves Yanuaria
Memphis vs OKC | OOS Investing
Hi BiggerPockets Community,
I wanted to get your thoughts on two markets that have caught my intention for what I hope to soon be my first out of state rental property.I'm primarily interested in using the BRRRR s...