hi, I have a situation where i own a condo which i bought in cash and have a tenant in it who pays on time. I am a renter myself in another state. I want to buy another property - even possibly in the same condo buil...
Hi all,I'm a new investor, no real estate experience, looking to get started in multi-family investing, and one of the things I'd like to get good at is learning how to evaluate a property and determine if it's a good...
My CPA is asking to categorize the following:"Ready to rent""Repairs""Appliances" To be amortized im assuming, added to the basis of the house. Please let me know how you guys handle the chart of accounts?
Hello I am extremely new to bigger pockets and I'm interested in buying a property in the Morris county New Jersey area. Following the advise here, a multifamily house seems to be an excellent way to start. Does anyon...
Hi everyone,How do you decide how much to allocate for CapEx (Before you going physically to check the asset ) ? I know that it depends on many variables (age of the house for example) . But what is your default numb...
How would I analyze a portfolio of properties? They are a mix of duplexes and single familys total thirty some units. Would I treat it like a multifamily property and analyze the portfolio or analyze each property ...
I'm trying to get a better understanding of what the most significant pain points are for DIY (do-it-yourself) property investors. That is, those of you who own rentals and manage them personally (as I do).
S...
Hello all,I know that many are using Mint and/or Personal Capital to track net worth. So I jumped in and entered my info and came up with my net worth. I like how Mint uses Zillow estimates to value the house. (I k...
Hello all,Hope everyone is doing well.Real Estate Investor here with so far 2 Rental properties looking to grow future portfolio. In the works of building my Administrative team & need some guidance from more exp...
What formula do you use to determine how long to keep a property? I'm not sure whether to sell or not, I'm not inclined to sell, but if I decided to sell, what formula is best to use to capture the value it has to me,...