Carlos Santiago
calculating land value for depreciation
hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
Wendy Ledyard
Investing in Price, UT aread
I have been trying to find a rental property that has numbers that make sense. I have found some properties in Price that look good, but I'm having a hard time finding rents to compare. Has anyone purchased in Price...
Nick Versetto
6flat help with new value after rents raised please
I'm looking at a 6-flat that's listed for 600k with gross income of 68,400. My question is if I raise the rents and bring the gross income to 86,400 what's the equation I use to calculate the new value? The reason I...
Alisha Nichole
Okay! This might sound CRAZY, but how do I study the real estate market in my area?
What are some good resources to get reliable statistics other than MLS?'.
Jason Y.
BRRR - Birmingham, AL vs Jackson, MS
I am narrowing down to develop a BRRR strategy with a local team to invest in for the next few years. I have narrowed down and looked at high Cash on Cash returns in two very similar cities. Birmingham Alabama vs Ja...
William St. Jean
Deal Analysis help?!?
Help! Please help evaluate my rental property. New to real estate investing, not sure if I should hold, sell, or cash out refi for 2nd property. Studied throughly and am stumped. Background: Purchased a small single f...
Stacey Conte
Defective appraisal ??
Has anyone ever received a defective appraisal back?Notes below from the lender regarding the appraisal. “PNMAC has determined that the appraisal is defective. The report provided does not provide a rent analysis th...
Sean Phillips
Duplex decisions and moving forward
All,Looked at the neighborhood where a duplex is being offered. In one of the original communities on Orlando, FL. currently rented. however in doing a drive by I noticed that many homes in the area are abandoned. ...
Jacob Chapman
Getting a Rehab Estimate: use a contractor?
Hey BP! so I think I found a good fixer upper for my first flip. as it is my first, how would you suggest i go about getting the best rehab estimate? should I reach out to a few contractors and ask them for a bid? sho...
Julia Vang Hart
Would you take tax hit or setup SDIRA?
Suppose you are 59 and 1/2 and can withdraw from your IRA without having to pay the 10% penalty and would only have to pay taxes on the amount you withdraw. You want to start buying investment properties but is unsure...