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...
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...
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...
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...
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...
Hi BP members!
I need some direction while running my numbers for a deal analysis. When it comes to running the numbers, I know all of the basics such as using the sales price and finding all expenses associated with...
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...
Hello friends!Thought I'd check in and see what the landlords of the world like to offer in order for their tenants to pay rent? I only have one SFH rental right now, but want to get into more when the deal makes sens...
I am getting into wholesaling in Washington State, I have been studying real estate for a year now and want to jump in.I don’t have a lot of money right now, so I have been hand writing yellow letters and mailing them...
I realize the strategy is to get as loans (private + hard money) your all in costs, then refi, pay them back and enjoy the cash flow.Can someone give example numbers? Also, it makes sense only if you can get the refi ...