Oladimeji Sonibare
Increasing value of multifamily properties
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
Chris Burke
Question about demolition of a detached accessory dwelling unit
Hi BiggerPockets! I know I'm going to need excellent professional help planning this from start to finish, but thought I'd start here to brainstorm.My partner and I just bought a commercially zoned property in Nashvil...
Michael Wagner
One Self Storage Facility - $1.5 Million in Profits
Investment Info:
Other commercial investment investment in Syracuse.
Purchase price: $330,000
Cash invested: $40,000
Sale price: $1,800,000
Purchased in 2011. The property sat on 11.5 acres, 5-1...
Rebecca Slone
Landlord changed electric to gas in September told me yesterday
I received a phone call yesterday from the real estate company that manages our home. She stated that I owed over $900 in gas bill and that it had not been transferred to my name. I explained that we have been in res...
Kris Haskins
Are new construction masters on the 1st floor more desirable?
Hey BP, I'm getting into new construction and I'm curious if it will be more desirable to build a 4bdrm house with the master on the first floor? Seems like more guys are doing the standard great room, kitchen, dinin...
Jordan Hanks
Logistic Question-Cleaning my Airbnb
Hi Guys. About to launch a couple new airbnb properties and I have a question. For the first airbnb property, I'll be cleaning it myself and it won't be that much work. The second one, opening in a couple months will ...
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
Here is a framework to think about how buying properties creates the most tax efficiency for you.
The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so...
Bradford Myatt
Creative Financing Question
Hey All,I have a question regarding a potential deal through creative financing.Here is the situation:I am interested in acquiring a commercial property that features around 30 mixed size storage units and 3 one BR ef...
John Deyrup
Water Utilities Policy Don't Make Sense for Multifamily
There are three issues around water utilities work that don't make that much sense to me. These issues are likely to get much worse due to the lack of investment of in water infrastructure and climate change in the co...
Matt B.
Running out of hot water after 2-3 showers
Title says it all... this is in my personal residence but I’ve found BP to be a more credible source for answers than searching the web.
After 2 or 3 showers the water gets cool/lukewarm, not freezing and will stay t...