Bill Ham
I almost had to sue myself. 164 Unit C class apartment complex.
Investment Info:
Large multi-family (5+ units) buy & hold investment in Conyers.
Purchase price: $8,882,000
Cash invested: $1,776,400
Sale price: $11,950,000
Briar Creek Apartments.
164 Unit ...
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Barter for REO?
I am interested in getting a feel from a broker or banker on a barter strategy.
In today's market I presume REO inventory is increasing markedly. I would like to explore bartering new, Major Brand current model Compu...
Brian Naumann
Is it worth it?
Hi everyone, I am new to BP and Real Estate investing so bear with me. Is it worth it to invest in a washer & dryer in a rental property as a way to increase NOI? My thoughts are it makes the property more desirab...
Chris Martin
Simple depreciation explaination
This was taken from a PM to a colleague.... After writing it up, I figured I'd put it here for your entertainment;) About the tax comment in my post...This is a simple example. The numbers are to show the point. Don't...
Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Chris O'Reilly
Self Storage Conversion Leased Property
Local industrial property, zoned for self storage, is hard to come by to build or convert. Not to mention expensive. I have found some smaller buildings that could be converted to self storage but the catch is that ar...
George Flevotomos
Share your expense reduction know-how
As real estate investors we are always on the lookout for opportunities to improve our NOI and increase asset value. At the same time, tenants are increasingly paying attention to the total cost of ownership, includin...
Arron Achey
Shared Laundry Service Common Area Headache
Hello all, I have been stuck now for awhile trying to figure out the best course of action for an already present shared laundry common room in my new duplex. Its a up/down duplex. Washer/dryer in the downstairs unit...
Josh Holden
Mechanical portion of Apartment Complex
Hi all, I am a mechanical contractor breaking into multifamily. I have done some remodel but I am bidding my first new construction project of 294 units. I would like to know what subcontractors typically ask for upon...
Marc Dube
tax deductions for purchase & repair
Im looking at buying a SFR home as an investment. If I buy a home that needs significant repair, what can I deduct and is there a limit?