Josh Walworth
When to realize expenses for a flip?
I sold a property in early 2022 that I purchased and renovated in 2021. Do I need to write off the renovation expenses in 2021 or do I wait and add those to my cost basis when I file for 2022? Thanks!Josh
Bradley Jernigan
Multi-Family Forced Appreciation
Forced appreciation in multi-family properties involves increasing the property's value through strategic improvements. Examples include renovating units, enhancing common areas, adding amenities, optimizing managemen...
Sara Carter
Learning from our first investment and ready to take on number two (and three)!
Hello!
I am fairly new to investing and just recently found Bigger Pockets. I’ve recently listened to a few pod casts and decided it was time to introduce myself and just put out to the universe where we are in our ...
Austin Bull
AI and REI
As a new real estate investor, how is AI going to change the landscape of this industry?Also, what niche jobs in real estate (Agents, appraisers, house inspectors, lendors, ect.) are going to be replaced eventually? A...
Jon S.
Good Software for Budgeting & Tracking Renovation Expenses?
I'm looking for user friendly software to estimate, budget and track all renovation costs and payments. I'd like to hear how others are handling this and what you think of the method your using. I'm open to any system...
Matthew Amabile
203K Consultant Interview Questions
Hi,
I am closing on a 4 family property right now and am looking at around 70k in renovation expenses. Due to the scale of this project I am looking to find the best 203k consultant to work with me on this. Anyone ...
Alex Cabej
Seller looking to recoup expenses vs 2031 seller
If you are a buyer, which type of seller is more motivated to sell to you at YOUR price (e.g. IS MORE LIKELY TO BE A PRICE TAKER):
1.-Seller looking to recoup renovation expenses (presumably no time constraints and k...
Alex Cabej
Which seller is more motivated: 1031 or price
If you are a buyer, which type of seller is more motivated to sell to you at YOUR price (e.g. IS MORE LIKELY TO BE A PRICE TAKER):
1.-Seller looking to recoup renovation expenses (presumably no time constraints and k...
Pearly Tan
FICO score calculation changes
This will be interesting to see how it impacts tenant evaluations compared to the previous method.
https://www.cnbc.com/2020/01/23/fico-10-credit-score-changes.htmlYour thoughts...
Miguel Torres
Office lease before owning property
I am looking to put 50% down and to get a 50% commercial loan on a residential property (designated special use as commercial office, my residential lender wont touch it). I would have to purchase under my business na...