Daniel Winsauer
Dilapidated fourplex worth it?
What I found:I've been looking for my first 2-4 unit building in the northwest suburbs of Chicago for a little while now. I came across a fourplex in McHenry that looked like a good price but it had been sitting on th...
Doug McKinley
Equity or Cash for next Purchase?
Hello All. I'm new to the site and currently own a residential home in southern Michigan that I rent out as a Vacation Rental. I purchased the property for $150,000 in Oct'2015 and spend the winter of that year renova...
Brian Fazekas
Need Help Evaluating
So, I have been flipping for several years now, but the MLS has dried up over here and tried some yellow letters. The phone is ringing and found a potential deal. What would you do? Here are the specs.$42,000 Purch...
Handie Kunen
Commercial units rehabbing
Fellow Bigger Pocketeers. We found this great value add opportunity of an 8 unit, with 6 being residential and 2 first floor units commercial. The property needs a lot of work, especially the commercial units, which n...
Imran Syed
Seeking advice on estimating rehab costs for BRRRR property purchase
Greetings fellow investors,
I hope this message finds you well. I wanted to reach out to the community to seek some guidance and advice regarding estimating the actual cost of repairs required for a BRRRR strategy pr...
Chris Wyche
Looking for an app to keep track of expenses during a renovation
Does anybody know of a good app (apple or android) that can help me keep track of all my expenses during a renovation? I need something that will have my total renovation budget, then totals expenses up as I put them ...
Yaz Bajric
Is it recommended to pull money out of a flip house
Hi everyone my name is Yaz I have been reading the biggerpockets forum for about 6 months but this will be my first post. I primarily do fix and flips and currently I have a house that is 2 weeks away from being put b...
Mark S.
Phoenix area investing
We are looking to diversify beyond our current market of Minneapolis and are considering the Phoenix area We have family living there and enjoy visiting, and we would like to start building a base in a more southern l...
Rick Im
Tax deductions after refinaning a rental property
I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...
Matt Roberts
To Leverage or To Cash?
Hey All,I am looking to purchase my first LTR and have cash. I am finding it difficult to find something that I can purchase and rehab <=$100k. Maybe it is my inexperience or the current market? But should I consid...