Troy Parker
Can Renovations Reduce Insurance Costs? A Florida Homeowner's Strategy
Hello BiggerPockets community,
As a first-time homeowner in Florida, I've encountered some unique challenges, including the need to pay for an insurance policy upfront for a year in escrow due to the home's initial c...
Jimmy Wellman
I'd like more specificity about the ROI on an average flip. Can you help?
I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. However...
William Coet
AI (artificial intelligence) Will it Bring the Value of Real Estate to Zero?
AI developments are being referred to as more significant than the
Industrial Revolution by very intelligent and established tech leaders.
This IS going to change things drastically and probably much quicker than m...
Gerald Thompson
Tax Question for Home and Sewer Inspection for Rental Property
Can you write off the home and sewer inspections and appraisal costs for a rental property? If so, do you have to add these expenses to the cost basis of the property or can they be fully deductible?
Thanks,
Account Closed
Flipping homes in Los Angeles
Hey guys,I’m considering moving out to LA to get into flipping homes there. I’m coming with a budget of about 1-2m (including financing) I have contractors that can do all the work for me at a bit over cost (or at cos...
Kieran Donahue
Questions about costs for HOA
Is anyone familiar with costs for a HOA? I'm curious what insurance, landscaping maintenance and other normal costs should cost? My HOA has some crazy high costs for things that I don't believe cost that much. Exam...
Stephen Kiser
Cold feet or bad deal?
2 properties for $130,000 1) Single family home- 1,000 sq. ft.- 2/1- Unfinished basement- Acre lot - Could use new roof & HVAC unit (duct work is good) - Two car detached garage with city water tap connected 2) Va...
Bram Klein
Basic Mobile Home Park Question
Happy Holidays All! Looking to purchase a 1980's to 1990's park with about 15 pads. Walked through the park and most of the units are needing a full rehab. All home are park owned. Water utility is paid for by the ...
Jarrett Fogelman
What’s your views on getting Solar Panels?
I was recently looking into getting solar panels on my home and after doing some more research I am now on the fence. I dont have a very high monthly electricity bill. It’s about $100avg. 2400sqft home. One of the mai...
Sherief Melik
Maintenance estimation ? Hidden issues ?
Hi,I through buying my first investment property and i have a question regarding estimating the maintenance costs.After checking a foreclosure house which has been winterized, if my offer is accepted and i get a home ...