Ok so back in 2009 I acquired a failed multifamily subdivision from our local bank. It had 2 four plexes on it and septics in for next 2 buildings. It was plotted for 6 more I sat on it until about 2018/19. So first t...
A while ago I posted when we purchased this house so I thought it would be good to do an update here in the Deal Diaries forum. This house was purchased for lot value (I LOVE THOSE btw) for $60k. A few months and abou...
Hello all-What is the general opinion with regards to paying down debt vs investing in properties? I will be receiving a bit of cash here in the near term and cannot decide whether to pay off my existing credit card ...
Hey everyone, I came across an off-market property in Central Phoenix and wanted to get some thoughts. It seems like it could be a solid flip or rental, but it definitely needs some work.
Purchase price is $284,900, ...
Can anyone quickly share a math model of a the depreciation recapture scenario below? Thanks in advance for considering.
Purchased a home for $700k
Completed $25k in renovations
Completed a cost seg study (80% bonu...
This is my first self-managed property, a 4 plex I closed on this week. One of my inherited tenants is moving out on the 25th, although the lease is to the 31st. That said, he arranged the gas to be switched back into...
Hi BP Community. I have been a long-time “lurker” and now am a first-time poster. I own a SF rental in Northwest IN (former primary residence). First time renting this property.Property has been advertised on Craig...
Hey Gang,I am looking through some numbers this afternoon and seeing what properties I could possibly afford. The average price of apartments, based on a quick scan of zillow, in Albany, ranged between 150,000-200,000...
Hi All,I am a first time home buyer and going to be putting an offer in on a flip and wanted to include a home inspection. the issue is the basement is partially finished so access to walls is limited. Does it still p...
I bought a primary residence Single-Family in 2010, Rented it in 2015 [sole landlord], and Just sold it in 2018 FSBO. That's the extent of my 'hands on' experience. Having said that, In pursuit of experience and growt...