Raimel Diaz
Sneaky tactics by online auction company.
Good morning BP. Just wanted to share my experience lately using auctiondotcom. The past few weeks I’ve been looking at properties that I’ve been interested on that web page. Ended up finding a few of them that I ...
Samuel Fletcher Hardy
What's the 5 most important things to you and why?
Hey Guys,In the spirit of New Years, What things are you taking into 2020 nearest to you and WHY?Are your priorities(in order) and your daily actions aligned and where can you improve?1.My Faith2.My Marriage 3.My Time...
Mike D.
Techniques to report Capital Improvements as Repairs
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
Shane Pearlman
Planning for Capital Expenses (Reserve Study)
As we are looking to be at 15-20 doors this year, I'm starting to examine how much we should really hold in reserves. The biggest part of that is determining our capital expenses for replacements as things age + any i...
Angeline Rebottaro
Best Hot tub for STR?
Hey guys,I'm looking to add some new features to my STR and considering a hot tub. Is there one you'd recommend for the frequent use of an STR? Costco hot tubs are affordable, but I heard that the service on them stin...
Moises Guerra Garcia
Should I offer an even lower price given inspections?
140 days ago a house built in 1950 was listed for $1.2 million.
After about 130 days of being on the market, the property's price had already dropped to $599k. I made an offer for $550k. After some back and forth, w...
Rudy Manna
Recalled Electric Panel
I have a property (Multi Family) on contract pending inspection in the south side of Seattle. The electrical panel is recalled federal pacific and is deemed dangerous. Any rough idea how much does it take roughly to r...
Brady Alford
To replace the roof or not to replace the roof
Hello all,New to BiggerPockets here - and wanted to get some thoughts on whether or not to replace a roof during the rehab of a flip. Comps in the neighborhood are around 150-170k. Here's the issues with the roof:1....
Sean McCluskey
Deal Characteristics for Successful BRRRRs
Hey BP! I've been learning passively for awhile and am trying to find the right deal for my first BRRRR.I'm analyzing a SFH wholesaled deal in a high quality neighborhood, which would be acquired for $100k, which is a...
Peter Korty
What goes into calculating the CapEx in a deal analysis?
Hi BP Community,
I'm a total newbie to real estate investment game and I've been analyzing a few deals. My question is, what do you all including as a CapEx in your deal analysis?
CapEx should include everything th...