Terry Woods
temp rental through CRS Temporary Housing/Nationwide Insurance
We were approached by someone claiming to be from CRS Temporary Housing saying they are looking for temporary housing for a family insured by Nationwide Insurance while their house is repaired after a fire. They say ...
Gervon Simon
First Investment as a long-distant Flipper
Hello All!My name is Gervon and I am a real estate investor. I just put in an offer for a fix and flip home in Palm Coast, FL for $165K and it got accepted! I am a long distant investor who is currently in the militar...
Barb F.
REO / low appraisal / house hack / first-time buyer
Hey BP family, long post for a newbie with the highest offer on an REO. I could use some outside eyes to help me see if I'm assessing my situation correctly.I've been casually browsing the market in my expensive Virgi...
Matt Ellis
deal help.
Below are notes my VA sent me on a lead. Not sure what to do. Any advice? Asking Price: $70,000 Least Price: Let me see what you can offer but I can work with the price for you.Repairs: No need to. Everything i...
Jon B
Questions About Bigger Pockets House Flipping Book
Ok if this is in the wrong section please feel free to move it mods. I apologize in advance.For someone who has never done a flip/rehab before is this the right resource http://get.biggerpockets.com/flippingbook/ ? I ...
Alexander M Stanton
How much to spend on home repairs
Hey all,My partner and I are looking at buying our first investment property (a three-family) in Worcester and trying to estimate CapEx for repairs.The house we are leaning towards is pretty solid- we see around a 7-8...
Justin Hash
POTENTIAL Vineyard / Winery Purchase
Looking to purchase a winery/vineyard.
Currently putting a valuation model together but would appreciate any guides, best practices, or sources of knowledge on how to think through the purchase of such an asset.
...
David V.
How to deduct painting expense for a rental property
This is a two part question1) If I hire a painter to paint an entire inside of my rental house for lets say for $3,000 would this be considered a repair expense (improvement) that needs to be depreciated or would it b...
Shawn S.
Help evaluating park with high expenses
I am looking at making an offer on a park in the Southeast.Median house value 120kMedian income 39500Population 200kPark age 1970City water master metered. Owner pays water and trashGas and electric handled by city a...
Christopher Butterstone
Tax question - owning home vs still having a mortgage
If i own a house (no mortgage) and rent it out for 1600 dollars. Is that 1600 dollars considered income and have to pay taxes on. Vs if i had a mortgage and 1000 of that 1600 goes to my mortgage and 600 goes into a “r...