Nat C.
House with sloping floors
I viewed a house today with some serious sub-flooring issues.
The house is built up off the ground and the plinths underneath are clearly collapsing.
The tile floor inside is still in good condition but the floors slo...
Steve Tse
My Dilemma on Financing options
Hi BPs nation, I am a new OOS investor looking to purchase my first property so my question is about a method of financing. I have two financing options:
Method #1 is a conventional 30 year mortgage @ 3.87% interest ...
Tyrone Dennis
Refinancing an Investment Property
Hello BP,I am new to investing in real estate. I am hoping to get some input on refinancing: strategies, pros and cons, worse case scenarios and any other tips.I'm aware of the BRRR method. I have 1 rental.I haven't...
Casey Barry
Estimating rehab cost prior to tax deed sale
I'm a new tax deed investor. As a tax deed investors we bid on properties without having the chance of fully walking the property. What is the best method for estimating the rehab cost of a property without seeing t...
Elizabeth Blazina
Cost Basis for a rehab?
Hi , I am curious when buying a rehab using the Brrr method.. Do you use your actual purchase price plus any added improvements as the cost basis for depreciation. Or can you use the new Appraised value minus the la...
Stan Watkins
Distressed Multi family Purchase
So, I found a deal 100units purchase price 2,150,000.
$2, 500,000 renovations /seller financing including/master lease, a potential method. My preferred method is a lender to place funding on ARV to 70%, which; I pla...
Chris Beabout
General Contractor Needed Starting Out?
Hi,I'm a new member of Bigger Pockets, but I've been passively investing in residential and commercial real estate for the past 6 years. I also have a background in residential and commercial appraisal, but I'd eve...
Marlie Evans
Bonus Depreciation, safe harbors and Partial asset disposition
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
Matthew Allison
Calculating depreciation when tax assessment is less than purchase price???
Hi everyone, thanks for the help in advance! I am having trouble identifying what my cost basis is for my rental property. My 2021 real estate assessment came out at $185,000, of which $50,000 was land and $135,000 wa...
Keetaek Hong
Cost Seg Company - Should I shop around? Recommendations?
Short: Can the Cost Seg Study result vary based on "WHO" does it? Should I shop around?Long:Thanks to my awesome CPA, I've learned about STR Loophole and embarking on the first cost-seg study. As a noob, I wasn't sure...