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I had situation this year that I'm not sure per tax code if the costs would be deductible or require depreciating.
Accessibility modifications, which could be wheel chair ramps, door widening, shower modifications. ...
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I am wondering if anyone has used the following strategy to finance property renovations or pay down principal.
Hypothetical situation: Portfolio of 5 properties that are currently rented but need renovations if goal...
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The house I'm looking at ("as-is") has an above ground oil tank. Home was built in 1970. Will I still need to do an oil tank sweep to see if there's any tank inground?
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I am getting ready to do my first flip.. I am hearing some mixed thoughts on whether or not to set up an LLC. While I understand if you have a large amount of assets it is a good idea to set up an LLC, I just graduat...
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Hello everyone,
There is a house I’m interested in flipping, and could get for dirt cheap. The problem is, is that it was a meth house. I’m wondering if anyone in the Utah area has ever flipped a meth house and knows...
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Hi BP Community -
I am eager to get started in Real Estate and purchase my first home. For years, I formed a mental strategy to find a multi-family house and house hack just like all the BP Legends.
However, as I l...
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Hey guys - I bought a 3-family last October FHA, 3.5% down payment and was recently kicking around the idea of condo-izing the property and selling the best unit in the property that is completely renovated. I obvio...
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I am in escrow for an investment SFR and the home inspection revealed issues with the electric wiring. I got two estimates for repair including fixing a fire hazard condition in the wiring coming from the street throu...
I am somewhat of a seasoned investor but my portfolio recently shrunk to zero and I am looking to grow my portfolio once again.Backstory:I had a number of recently renovated cash flowing properties that were 100% paid...