Marlon Jackson
Repair estimates strategies
How are you guys estimating your repairs? Do you estimate by square foot or by each component of the renovation? Have a 2 bed room 1 bad working with the seller on getting under contract. Needs an entire cosmetic reno...
Derek Bell
Meter stack shortage
I have a 15k sf warehouse new build that just got finished. I have it 75% leased. I am missing out on 18k NOI per month because I cant get U&O’s. There is a major backorder of meter stacks going on Nationwide. My ...
Arnie Guida
New Roof, Expense Or Depreciation?
I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
Erin N.
De Minimis Safe Harbor
I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
Jay Miller
Lead Certification in Detroit
Landlord certification and lead testing costs have become a major issues for landlords in Detroit. This is great for buyers as it is beginning to weed out poorly capitalized owners. However, it is also proving to ...
Ben Rasche
Cash reserves per unit
Hey guys and gals,I just purchased 2 single family houses and a duplex to go along with another duplex I currently own. I'm just curious how much cash I should try to keep in reserves at all times in order to deal wi...
Steven E.
Is my cash flow projection way off?
Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Benjamin Shaw
How can a wholesaler afford inspections on multiple leads?
Hi BP,I'm just getting into REI and of course, the subject of wholesaling is interesting, if not eventually a necessary thing if you are getting more leads than you can handle flipping or other ways. So I just bought ...
Blake Porter
First Multi-Family Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $55,000
This is my first investment property/primary residence. I bought this prope...
Lin Yang
Just Made My First Offer
Hi all! I've been binging on BP podcasts and recently just made my first offer on an income property back in my home state of Michigan. Link to the BP analysis: https://www.biggerpockets.com/calculators/shared/7...Hig...