Julio Gonzalez
Important Tax Update on Inflation Reduction Act and Real Estate!
Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...
Matt Zale
Evaluating undeveloped/underdeveloped land potential
Are there are any metrics for evaluating undeveloped or underdeveloped land's investment potential? Unfortunately, the 'price/sf' metric (of the structure) doesn't measure the value of the development potential, so I'...
Clint G.
Why I ignored the 1% rule
I'm getting ready to purchase my second SFH rental in a booming Texas town full of new industry. This property is on the same street as my other SFH. Looking at the numbers, here's why I disregarded the 1% rule when m...
Peter Morgan
Should I sell & reposition for better returns
Hello,My PITI was $3200 and now suddenly increased to $3700 because of a recent property tax rate increase. Property tax is a whopping $15000 per year now not based on assessments.I make decent rents close to $5000 wh...
Nick H.
Can you use income from ADU/in law apt to help qualify for FHA?
Hey BP,I am trying to make this deal work but right now my numbers are tight. The property I am looking at is a new construction side by side duplex, both units identical. For some reason it is not considered a legal ...
Rich Weese
dominos falling?? What if???
Ok- subject is euros. Greece and Portugal are kinda messed up. Now, Germany and France are threatening to depart the euro. IF this were to happen, is euro dead? Are we(the U.S.) going to loan (read- give away) money t...
Jason Munck
PM and Colleague Request Etiquette
Hey BP Nation!
I'm new to the community...not just this community but ANY online community. BiggerPockets is the first site to actually get me interested in engaging in any kind of online group. There are...
Franky Juwana
Buy and hold Rental SFR numbers
I'm in Dilemma in figuring out the number on couple properties that I about to submit an offer. Prop1: Asking price 170kI'm submitting offer for 160kDp : 25%tax 4688/yearHOA 350/annuallyIns 80/monthflood ins: 40/mont...
Ashley Benning
San Fernando Valley native looking at REI of the flipping variety
Hello, everyone!I grew up in the San Fernando Valley outside of Los Angeles and am excited (and a bit nervous) about getting starting with REI in the area. I am under contract to sell my house in Arizona (moved there ...
Chasity C.
Days on Market Beyond 180 Days
I assume that the longer a property sits on the market, the lower that listing will drop...When a property has been sitting on the market more than 6 months, is there a formula investors use when offering a reduced pr...