Kevin B.
Tricks to asses the probability an auction.com property goes
There is a property I am interested in from auction.com in San Diego.I am considering booking a flight since I live out of state and I know auctions are often canceled so I am worried about wasting the effort.On the o...
Jorge Borges
Tenant Damage, Excessive Filth and Withholding Security Deposit
Hi BP,I have a real knot in my stomach with this one. I have been renting for 6 years. And have never seen something like this. I know this pales in comparison to some of the war stories on here. But I really need hel...
Josh Young
Why you need reserves
I see a lot of people analyzing deals and they do a nice job of assigning a certain percentage of monthly rent for different expenses, maybe 5% repairs/maintenance, 5% Cap Ex, 4% Vacancy, and 8-10% Property Management...
Wes M.
ROI for Kitchen Countertop and Appliance Replacement?
Hi STR braintrust. Want to get your opinion on replacing countertops and appliances for this kitchen. Yes, the layout is unfavorable, but we are not planning to tear out any walls at this point. The cabinets will be r...
Fergus Cullen
What would you do: Re-financing reno & new construction
Nearly a year ago I bought an existing two-bed, one-bath 1,440 sq ft ranch with a two-car garage on 1.4 acres that had fallen into disrepair. The purchase was in my own name, not an LLC. The purchase price was $374,00...
William Hochstedler
Disposition of furniture included in lease on sale of property
We have a furnished office building under contract (acting as an agent). The furniture is included in the existing lease that will remain in place with the new owner.The clause in the lease states that the tenant wil...
David Sumner
Potential Foundation Issues?
I'm thinking about making an offer on an SFR near me that looks to be under priced but I'm worried about the grading in the backyard leading to erosion and future foundation issues. The front yard grades away from the...
Kasey Sulheim
Aloha from Honolulu Hawaii!
Hello Bigger Pockets! My name is Kasey Sulheim, 32yrs young, and am from what used to be a small town in Minnesota. For the last twelve years have called the island of Oahu home. First of all I just want to thank all ...
Cassidy Burns
1031 Exchange after refinance??
Hi BP,If you have an investment property that you did the BRRR strategy on but want to eventually do a 1031 Exchange, does the capital gains credit based off of the original purchase price or the new loan on the prope...
Brandon Duensing
Home Purchase Checklist
So I am finally venturing into home rehab and re-sell this year, besides the obvious financial analysis (ROI, ARV, rehab costs etc.) what are a good list of "unexpected" issues to be aware of to improve my due diligen...