Chance Cooper
I have 70k, what now???
Ok guys here’s the scoop. My wife inherited a piece of commercial property about a year ago. It is raw land and I currently have it listed, it is worth right at $170,000 based off my realtor and it’s listed for that. ...
David McCracken
First time Billboard buyer
I'm looking at buying a small plot of land next to a major interstate. Part of the land is leased to a media company that operates a billboard. The current leasing contract is for another 3 years at $4,000/yr. The plo...
Andreas W.
Tax question about cost basis caculation for rental property
For the first time I started the acquisition of a SFH in one year and closed in the following year. In 2015 I paid inspection fee, loan origination fee, and appraisal for a property I closed on in 2016. I understand t...
Leo Di Croce
How to Analyze a Multi-Family Deal with Expansion Upside
The upside here is potential expaision. The site has preliminary approval to build 10 additional 2-bedroom units. Based on rough numbers, the ROI is very good — for the expansion.Unfortunately the ROI is very low for ...
Eric W Plourde
Partnership Structure for Builder with a Land Owner
Hello, First post! Super happy I found bigger pockets. Nothing but forum reading and podcast listening has been happening in my world since my wife sent me the Hyatt podcast last week. Thank you all for the energy and...
Eric Williams
What is Real Property for Tax Purposes?
It makes sense to define real property for tax purposes when discussing real estate tax.
Under 1.856-10, real property is actually defined as land and improvements to land. Local law is not controlling. Although this...
Brian Gerace
Question on Cost Seg in CA
I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost S...
Jayden Pudney
Wholesaling 3 acres of land in Arizona? Help
I have the opportunity to get 3 acres of land in Glendale Arizona. (Off market) Just curious has anybody ever wholesaled land before? And how do I find buyers for land? Fairly priced and great land to start building o...
Timothy Munger
Downpayment on new commercial constructions
I apologize I'm screwing myself in my head right now on the math or how the bank views it.
Say if you have a vacant lot (you own) that already has design and basically is shovel ready (has permits)
Total project is ...
Kyle Hazen
Major Listing Question?
Hello All!My name's Kyle Hazen, I'm a real estate agent who was recently licensed 2 weeks ago and have plenty of (residential) clients I'm working for. However, I've recently convinced a family member to consider ridd...