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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,000
Cash invested: $20,000
Sale price: $230,000
This was a slam dunk deal! We added flooring, paint and so...
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Ive seen a proliferation of deals in the last year with two equity shares consisting of preferred equity and the more typical common equity that is common to more typical syndication deals. The Class A preferred equit...
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Hello BP Community!
I am reviewing the performance for one of my multi-family investments and noticed that the yearly taxes are going up over 50% as the assessed value has gone up (most likely due to overall market a...
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I hired a tile guy to tile a bathroom (floor and shower walls) and to handle a few small jobs on the side. Things were going well until a couple weeks ago, when I'd given him $140 to buy supplies, and not only did he ...
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Happy new year to everyone! Would like some feedback and perspective on using a 401K loan for real estate investing purposes. Thoughts?
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My brother and sister in law recently purchased a new home here in ok. Their old home is in need of repair with about 75k left on the mortgage. The arv is 120k. Rents around 1k.Here is my question. They are willing to...
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Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...
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We used to see these guys in the same restaurants we'd hit on our lunch breaks on Ventura Blvd. Remain diligent on where your money is going!https://www.latimes.com/business/la-fi-shapiro-woodbridge-ponzi-arrested-20...
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I wanted some advice on buying my first property. I was looking into buying a really cheap property that required a total rehab, not sure if this is a good idea for my first investment. All advice will be helpful
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Hey there everybody! I just entered into my first investment deal! I'm excited and anxious to start my Real Estate Journey. Appreciate Bigger Pockets and the BP community for being such a generous wealth of i...