Clay W.
Determining Property Cost versus Land Basis
Would appreciate clarification on best determining my dwelling versus land value for depreciation:- Purchased first duplex - Early April 2018 - $369,000 - California- New Tax Assessment received assumes $143,541...
Chris Perez
Tax Deductions: Repairs vs Improvements
Hi All!
Earlier this year I purchased a 4-unit property, and I'm currently living in one of the units. Over the past several months, I've invested about $30k into the units. I'm having trouble determining what exactl...
Sandeep Singh
Seller is not disclosing loss run report
HI All,I am in process of closing a deal on Oct 16 but unfortunately master insurance cost is 4 times what it should be ($1000 vs $4000). I requested for loss run report from my (buyer) agent, buyer attorney , seller ...
Dennis Nemitz
Need advice about depreciation
I just purchased a townhouse for my primary residence. I have owned my current home for 30 years, and we are having a bit of trouble selling it because of our emotional attachment to it. So we are thinking about renti...
Andrew Jambor
Looking for Advice on Multifamily Pre Foreclosure
Hello BP!We are looking at a 2 family pre foreclosure in town that has a market value of $250k and was purchased in 2006 for $360k. We were able to locate the seller and are still determining if there are any liens on...
Account Closed
Know Your Rental Expenses to Ensure Healthy Cash Flow - Article
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
Gordon Vaughn
Evaluating Profit Potential with 100% Accuracy
Some of you are incredibly lucky to live in a city that provides a macro-market for investing. What this means is that most of the homes in a particular city, with few exceptions, have similar styles of const...
Coral Hernandez
What is Hard Money? How to; Should I ; Pros and Cons
What is a Hard Money Loan?
A loan that is Secured by a piece of Real Estate Property
The funds are generally issued by Private Investors or Companies
The Borrower will receive Funds based off of the Property bein...
Ted Fall
Commercial property valuation
Although I've had experience with Residential and small commercial flips and buy/hold. I'm working on evaluating a commercial property in Salt Lake City and need a more experienced commercial investor to help me in de...
Shmuel Waldman
Whats the best way to find the Cap rate for a newbie
As a newbie whats my best way to determine the cap rate of a property