Will begin working on a rehab soon, the basement has me a bit perplexed.3 bedroom 1.5 bath (2.5 if you count one full bath in the basement) single family home. 1200 sq/ft. + basement is 760 sq/ft. The basement is some...
With all the different HOAs, cities and what not, what’s the weirdest regulation and penalty you’ve had to comply with? Here’s my story: I recently bought my first rental in an area with a POS (point of sale) which is...
I see a ton of posts on people wanting mentors, but I haven't seen one on HOW to be a mentor.
I have been doing real estate in a buy-and-hold and have been going at a breakneck pace (for me, anyway, with a full time ...
Hello all. One of my concerns with investing is age of a property . I can’t remember where but I remember reading that properties built in 78’ and prior were risks for health hazards like lead paint and what not . Is ...
Hello, I have a basic question. I am looking at a property that’s 12 units for $360 k. Current rent is $4800 a month, taxes are $6200 a year and insurance is approx $6k a year. Owner pays utilities which is approx $1k...
Hello everyone! I recently purchased duplex, with billboard on the land, facing 5 freeway in SD downtown area. Billboard lease agreement is end this November, and billboard company already reached me out regarding ren...
Dear BP members,
If one pays $200k for a property whose land value is assessed at $225k and the building at $50k, do I really get to depreciate anything?
Thanks for your insight.
C
I’m in the Newport News area of Virginia and I’m about to move to Florida for work relocation. I’m currently living in a home that needs repairs and I’m unfortunately not in a position to refinance it and utilize the...
My partners and I are new to real estate investing. We're trying to figure the whole private lender, hard money lender, etc thing out. My partner met with a banker today and he suggested we take out a HELOC against ou...
Was wondering if anyone has any experience talking to their county about getting specific lists of houses in a certain area they are investing in. If I were to find small multi-unit properties (2-4unit) that are owner...