Calvin N.
Best tax approach on rehab
We purchased a non performing note, first position, on a SFH in Feb 08. We went through the foreclosure process and took possession on the property, May 08. After an extensive rehab (90K) completed before the end of...
Spencer Krautkramer
Can Deductions Exceed Rental Income?
I am wondering what happens if the expenses towards a rental property exceed the amount you get in rental income, what happens that that excess dollar amount? I am currently house hacking (living in one unit of a dupl...
Sherry Hackett
Buy It - Fix It - Stage It - Sell It
Investment Info:
Other fix & flip investment.
Purchase price: $182,000
Sale price: $235,000
Originally purchased this town home as a rental property. During the next 12 months, I spent time off ...
Julio Ochoa
Investing options starting out in real estate
Hi, this is Julio Ochoa. I'm an investor/developer in Northern California. I'd like to share my thoughts on what path you can take when you're starting out in real estate. Real estate investment properties are investm...
Jarrod Anderson
First Development Project
Hello BPers,I've been investing for a few years, and I finally wanted to take theleap into development. I got into a deal where we were going to develop a nursing home into a 50+ unit apartment building. I ended up g...
Justin Mespelt
Removing PMI on personal residence
I'm looking for a little advice. My wife and I bought our current home (only home purchase we have done) in 2013. Original loan amount of $152,950, current principal balance $143,617. However, in those 3 years the ...
Mark Patel
Houston Home Depreciation
I bought a new roof and new flooring in 2012 for my rental in Houston and have been depreciating it every year. This year I sold the home for $136k and want to make sure I capture the correct cost bases. I paid $75k f...
Ghassan Alsayyed
Canadian BRRRR still available?
I have some cash that I'm interested to invest in real estate here in Ontario Canada and last week I went to a mortgage broker to discuss potential mortgage + improvement deals that I can qualify for so I can start lo...
Andrew Adam
16- Plex on 43rd St.
Investment Info:Large multi-family (5+ units) buy & hold investment in Sioux Falls.
Purchase price: $875,000 Cash invested: $218,000I sold my 6 units and put the proceeds from the sales with my savings to ...
Eloy Gonzales
Short Term Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $200,000
Cash invested: $15,000
Short term/mid term rental unit
How did you find this deal and how did y...