Zachary Selter
Renovating Condo I am Renting
I've been renting condo for 2 years and will be renewing my lease for a 3rd year at the end of this month. The owners put the condo on the market about 6 months ago and have been showing it regularly. It seems to be a...
Jacob D. Lange
Deductions with No Revenue?
I just purchased a house by the beach that will be a STR. I am in the process of renovating, but I am doing so from out of state, and for various reasons I might not generate an income from the property this year. C...
Account Closed
Purchase Plus Improvement Mortgage
Hello BiggerPocket's Members,I've been doing some research & stumbled across Purchase Plus Improvement mortgages, what are the chances of an 18-19 year old getting pre-approved for a mortgage, out of the city (Tor...
Account Closed
Purchase Plus Improvement Mortgage
Hello BiggerPocket's Members,I've been doing some research & stumbled across Purchase Plus Improvement mortgages, what are the chances of an 18-19 year old getting pre-approved for a mortgage, out of the city (Tor...
Natalia Barriuso
Bonus deprecitation, items that qualify
Does a new fence installation qualify for bonus depreciation? I am in the middle of a big renovation project and I am looking to maximize my bonus depreciation opportunities here. So far, I have kitchen, driveway, lan...
Steve Buchanan
Can I pay off line of credit in 1031 exchange?
I have a property that is held in a LLC that I'd like to do improvements on. I also have an unsecured business line of credit for the LLC/business. If I use the line of credit to make improvements and then decide to s...
Jonathan M.
Smart ways to finding small apartment complexs in a HOTT market
Hi everyone
I've been looking for 7 months now for a small apartment complex with 6 units or more with no luck.
Problem is prices are too high to justify cap rates of existing listings on Loopnet/MLS,
Where do I ...
Johnny Quilenderino
Where do bad credit tenants go to rent?
I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...
David Roberts
Brrrr, depreciation, & refi timeline strategy
Hi BP,I'm in the process of purchasing with cash my first rental property and am planning to use the Brrrr method. Some of the dots I am trying to connect for my analysis are how the refinance step impacts the deprec...
Connor Williams
Multiple SFR or 1 multi fam?
Would you rather purchase 3-4 sfr with 25-30% downor 1 multi fam or commercial (apartment etc) with 20% down.I would have 450k to work with.