John McCormack
Working w/insurance adjuster for new kitchen after leak. Advice!
Does anyone have experience in this...Hot water heater is in the kitchen. Water heater leaked. Has caused minor damage to surrounding cabinetry. We already have plans to demo and renovate the kitchen in 5 weeks alon...
Ethan Robert Hopkins
Adjusting rent on possible deal with current long term tenants
Hey guys, I'm new to the BiggerPockets forums and am just getting my foot in the door when it comes to real estate investment. I have found a property that I think would be ideal if I can get it for the right price bu...
Logan Larochelle
Should I have the roofing company meet up with adjuster?
I have a few question and How this whole process works cause I'm getting a few stories from people that have never delt with this Situation
So my question is should I have a roofing company meet with the insurance a...
Robin Muthomi
Adjusting comps for older builds with only new built comps
I am looking to put this 3 bed 3 bath bungalow into contract but i am having trouble finding comps because majority of the sold comps in the area are new builds while my property was built in the 80s. How do i go abou...
Jeff Brown
Reducing Capital Gains with adjusted cost basis/ self contractor payment
Hey guys, this falls under a tax strategy question, however some of you may have had this scenario happen before.
I'm looking to sell a commercial property that has one renter in the building (business commercial). ...
Nick Bleser
Should we buy a multifamily with an adjustable rate mortgage?
Hi folks!There is a property available in my town that is 3-4plex's. It's listed for $600,000 and could bring in $84,000 in gross income. After our best estimation with the info we have available we believe it could c...
Tejhall J.
Cost basis for depreciation vs. adjusted cost basis for sale
Is the cost basis for depreciation purposes for a rental, after applying the tax assessor's ratios, the same basis that will be used to determine capital gains upon selling the rental?
Vik John
Finance a Non-warrantable condo through with Adjustable rate mortgage ?
Hello Everyone,
Currently I am in process of buying my first Invesment property ( a Condo, 1 br, 2 baths for $148000, HOA is $170 pm) which is located at a very good location. My goal is hold the property for a long ...
Chris Milosevich
Should I use a Public Adjuster? My roofer thinks so.
A roofer is asking me to hire a Public Adjuster (PA) to negotiate a hail claim with my insurance company. The roofer sent me a 1/2 page contract that would let the PA work on my behalf for $225/hour with no cap. I'l...
Derek Dombeck
Private/Hard Money Lenders---- How have you adjusted your terms??
We have had to make some recent adjustments, as everyone has, to keep working through this last month of chaos. I'd like to know how it is affecting other lenders. Have you stopped lending? Did you alter LTV's? Do you...