I am in contract on a multifamily property that was marketed and priced as a property without deferred maintenance. The inspection discovered some significant deferred maintenance items and some safety issues. While ...

Looking at a condo in a high-income historic neighborhood, near a major university. Neighborhood has appreciated at a 5% rate in the past 10 years and has tapered off to 3.5%. Unit is in need of some work and I have ...

I've been trying to get a small and decent start in REI. After some reading and listening, I decided I wanted to go with renting. I took the advice of Brandon Turner, and I though I should start with a four-plex, and ...

Hey BP Community,
I'm reaching out for some of your savvy insights as we navigate a potential market storm. My partners are feeling jittery about jumping into multi-unit properties (think 2-4 units) before a possible...

Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...

This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...

Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...

Hello,I am in the process of setting up to conduct business in North Carolina (specifically in Raleigh and the Triangle area).  As far as I have discerned, the area I am interested in has a high emphasis on knowledge ...

We have a house we are selling with a realtor.  We entered into a contract with a buyer for $151,000 with $1,000 credit back on closing costs with a VA loan.  Our appraisal came in at $140,000, which was very disappoi...