How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
I recently acquired my first primary residence and am seeing ways I can best utilize the space for real estate investing. The property is a 3 bedroom, 2 bath (one of the rooms is the master with its bathroom and acces...
I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have pur...
If you could pay 3/10ths of something would you?
What if I told you there are ways in insurance to decrease a $100,000+ deductible down to $20,000 or $30,000 AND pay only slightly more premium?
How is this possible...
Hello, I new here and have a question about loans (both for purchase and refinancing) for the BRRR method, are loans under 100k available? From what I have seen most lenders for private money or hard money what loans ...
Hi all,So earlier this year I was pretty set on buying a SFH, but decided to drop it at the last moment after realizing it was a bad deal. Before that I had thought I did all of the research necessary and figured out ...
We're starting to seriously consider BRRR as a strategy, but are very inexperienced with hard money lenders. I'm going around trying to set a couple of meetings to talk to lenders, I think a conversation is always a ...
The recently released update extension not only delays the tax filing deadline to October 16, 2023, it could also extend your 1031 Exchange deadlines until October 16, 2023 as well!
For example: Typically, if you wer...
Hello! Just wanted to find out what a typical security deposit is for a commercial space when negotiating a lease agreement?
Hi, I am new to the BiggerPockets platform (both forum and podcasts) and recently took an interest in real estate investment. A quick background. I am a 24-year-old college graduate. I majored in Construction Manageme...