Teo Risquez
Looking to buy first rental in Kansas City, MO
Hello BP Community, I’ve been researching the KC market to buy my first rental. My goal is to buy under market with $100k budget, cash flow $300+, with solid cash on cash return. Prefer no to minimum repairs and al...
Wes Ingram
Indiana Foundation Mason/Structural Engineer
Hi, I'm looking g for a qualified Foundation guy/girl or a Structural Engineer with experience in Masonry foundations. I have recently purchased a 2 story duplex that is a brick foundation from the late 1800s in Terre...
Rob Aghai
Reverse mortgage foreclosure
Hi BP family,
I am looking to purchase a property that has is under a reverse mortgage foreclosure. It went for auction and did not sell and is now listed on the MLS.
The property has been on the MLS for about 30...
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...