Michael Noto
Central CT Apartment Rehab Breakdown
I am involved in a lot of discussions in the forums regarding the different materials used in rental unit rehabs. Since we just finished a 2-bedroom apartment rehab in central Connecticut I figured I would post some p...
Matt Powell
Fannie Mae won't allow "gifts" for investments, but what is that?
Hi all,I'd like my first deal to be a buy-and-hold property. I'd considered using the BRRR strategy (buy, rehab, rent, cash-out refinance to 30-year fixed) with a portfolio lender, or have more recently been researchi...
Rada Chapkis
Best areas for investors in Northwest suburbs Illinois
Hi! I'm a new wholesaler in Chicago, IL and NW suburbs. I’m interested in getting to know more about what areas investors are interested in and how you run your numbers. Any tips for a newbie?
Pavak Shah
Water submeter in Knoxville,TN
I am analyzing a12 unit property which doesn't have water line separated to implement sub metering. I am wondering how much will be approximate cost to do so and add/install water meter to each unit. Any help is app...
Soniel Estime
Turning your basement into a legal 3 unit?
I just closed on a duplex with a 203k loan in the Chicago land area. I am in the rehab process now. My plan was to live in 1 unit and rent the other. My architect informed me that my building seems to have the proper ...
Jim Hwang
Help determining depreciation recapture
Hi all,I've struggled for weeks to get a definitive answer to this, and am hoping the magic of the BP community comes through here: how do I calculate a rental property's total depreciation amount from which 25% will ...
Dawn Anastasi
Best way to reserve for repairs
I have thought about 3 strategies for putting money aside for repairs on a rental property:
Method A - Determine an amount and "escrow" that
Example: $2,000 (depends on size of property)
Put away $166.67 until that a...
Markesha Smith
Our first time analyzing a property. Help!
My husband and I recently found a duplex to invest in and would like someone with more experience to look things over to see if we're missing anything. To us, it looks like a great deal but it will be our first time ...
Blessing Okere
House Hack/Student Housing 4-plex - Help me analyze this deal
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Zoe Long
Have not claimed depreciation for 6 years- how do I start?
How can I go from not claiming allowable depreciation on a rental
property to claiming allowable depreciation without creating an
unauthorized change to my accounting method.
I have owned the property since 2003.
I...