David Mateer
Depreciable basis when converting residence to rental property
Hey everyone!Let me preface this post with the fact that I plan to talk with a CPA on all of this, but I like to be educated for conversations like this.
I purchased my house in 2012 for $185,000. I’ve been living in...
Brad Roche
Maximizing Savings in a High-Interest Rate Environment
In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
Will Spivens
Iowa Investment Rookie
Hello,
My name is Will Spivens and I am new to investing in real estate. I reside in central Iowa and look to invest close to where I live. My wife and I have full time jobs and are willing to invest a percen...
David O Smith
Rehab Loans ?
I have a property that is free and clear, with no liens. The estimated rehab budget is approximately $40,000. The most recent appraisal values the property at $55,000. I am struggling to find financing for this proper...
Darrell Paden
How do you calculate your after repair value
How do you best analyze a deal and calculate your after market value
Troy P.
Should I dump or fix??
I recently acquired a small bungalow (ranch style I think some call it?) home in Rome, GA for about $80k with tenants paying $800/math. Got it for a reasonable when compared to the comps in the area and the condition ...
Idan Narotzki
crawl space foundation cracks - recommendation for a pro?
Hi everyone!Just started my inspection period for a SFH in Raytown (my first time!) .I found out that there are crawl space cracks damage :(I am looking for a professional engineer to estimate the damage/repair costs....
Xander Snyder
Property tax for garage conversion in Los Angeles
Hi all,I'm new to Bigger Pockets, and this is in fact my first post. So hi everyone!I own a SFR that I live in, with a big garage that's going unused. I'm in the process of converting it into an Accessory Dwelling Uni...
Chris Curtis
Is this a good deal?
Is this a good deal
Two 16 unit apartment buildings total rehab for both buildings think I could get them for 800k (400k each)probably 300k(150k each) in rehab.
ARV for both building approximately 1.1m. Pro-for...
Tim Coppola
Calculating Capital Gains
Hello everyone,I was wondering if anyone can help me figure out what I would pay in capital gains on a multifamily property that I owner occupy. I am just wanting to explore all options if I sell and one of them being...