Dustin Faeth
Should I be present during the appraisal?
Hello BP,
I have heard some investors mention they try to be present when the appraiser shows up at a home they have recently rehabbed and are selling, to make good with the appraiser and discuss all the impr...
Philip C.
Improvements to increase Property Value by 10%
Hi there,I believe it's in Brandon Turner's "7 Years to 7 Figure Wealth" that he recommends making improvements that increase the value of each property you buy by 10%. Can anyone suggest some examples of improvements...
David B.
Forcing appreciation in C class neighborhood
Hi all i have a question that might be confusing, so I’ll try and simplify it. i have recently purchased a duplex in Columbus, Ohio in a C class neighborhood. I intend to purchase more.
Now - these homes are functio...
Ryan J Bruun
Controlling My Spending, My Way
I've realized that the biggest factor that is helping me to limit the amount that I spend is the fact that I don't have a car. Of course, without a car, I don't have to pay for gas, insurance, and repairs, which is a ...
Dru Steeby
Deducting Capital Expenses and Maintenance
Hi BiggerPockets,I have a question about taxes that I can't seem to find the answer for on google. In my breakdown of my rental property I put away 5% for CapEx and 8% for maintenance. If I do not use this money in a ...
Jay Kenny
Unusual LLC tax question
If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?
Ricardo G.
What's the Best way to get financing for my 1st rehab
Hi everyone, I'm new to all this but I am eager to learn from every one of you guys as much as I can. I have big goals for my future and would love some creative ideas.
A little background about me: I do h...
Ray Li
Holding cost deducted or added to basis?
If I buy a house in January, spend 6 months rehabbing it, and then rent it out in July, do the holding costs during the first 6 months (prorated property tax, mortgage interest, insurance, utilities, etc) get deducted...
Joshua Dorkin
BiggerPockets Update 10/16/12: Improved Search
One of the hardest things to get right online is search. Even the top search engines often can't help us find what we're looking for. We are aware that search has been a weak point here on the site for a long time, ...
Kyle Farrah
Link building strategies
I am working for an (extremely new) real estate crowdfunding company.As a startup that has just launched last week, we have very few links to our site. As a result we do not rank very high in Google or other major sea...