Pat Jackson
Does anyone agree to give their general contractor a bonus?
For work that is completed early or above satisfaction in some other manner? Automatically this doesn't seem like a great idea, and I don't think I'd do so the first few times I worked with someone.I'm trying to esta...
Nick Rutkowski
Home Imporvements
Hey y'all! So my parents want to do some home improvements so they can have their house ready to sell in a few years. They're planning on taking out a loan for 15k for total expenses. I want to know what would be the...
Jim McAuley
BOUGHT TWIN -PLEX in Maumee, Ohio, my first multi unit investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Maumee.
Purchase price: $197,500
Cash invested: $25,000
1200 SF each unit 2 bd 1.5 bath. Came with new siding and windows...
David Casal
Should I start a property management company to manage my rentals
Hello,I'm wondering if there is a liability or other benefit to starting my own property management company to management rentals I own (some under my name and some under LLC's). I currently own and manage about 38 u...
Julio Gonzalez
Example of Bonus Depreciation
In my previous post, I talked about the different property classifications to help separate real property from personal property. Identifying your personal property helps you determine the portion of your building tha...
Andrew B.
OOS Investing: Due Diligence with Rehab & Contractors
Hi BP! I'm a new BRRRR investor looking to get my system in order for an impending purchase. All steps of BRRRR are important, but I can see a mismanaged rehab making or breaking a deal. I am looking for advice on ...
Frank Sousa
Looking for investor friendly team in Ohio
Hello!I'm still fairly new to the Biggerpockets forums and I've been busy reading a ton of the blogs, books and listening to several of the podcasts. I am an out of state investor looking to build a team in several Mi...
Brandon Gamblin
How to establish a relationship with contractors and rehabbers
How do you go about establishing a relationship with a contractor? Is it best to do this when you've already bought a property going into rehab, or before you have anything under contract? What is the extent of an inv...
Lisa Wagner
Agent in Jacksonville, FL
My stepmother has decided to move after the death of my father a couple years ago. We are looking to retail her home to get her established out west. An Agent that is comfortable enough with the area that could recomm...
Karen Tan
When can you take bonus depreciation?
Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...