Marsay Winder
Rental Property #5!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $140,000
Cash invested: $36,000
This was a 4 bedroom rooming house purchased with a large footprint. We wil...
Zach Kunz
Adding a kitchen to create basement apartment
Hey all,I'm still new to real estate investing and am trying to find my first deal. I live in Lincoln, NE and am having a hard time finding a multi-family home. My wife and I are wanting to house hack, which is causin...
Taevin Thomas
SFR conversion to Duplex in Michigan
Hey guys, I'm a new homebuyer/ investor in Ypsilanti, MI. I want to begin house hacking by purchasing a duplex close to my full time job, live in one side and rent out the other side to a tenant. It's been tough try...
Charles Fletcher
First Rehab under contract!
We just got our first rehab property under contract (!!!) $119k, needs $20k in repair, ARV $160K or $1600 rent. Our strategy is to refinance it and rent it. 3/2 1450sqft in Pearland.Question: It has a weird non-bedroo...
Brian Scott
Cost Segregation on a Personal to Rental Conversion
The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...
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...
Ivan Rubalcava
Add Third Unit or expand Duplex?
Hi all,
My wife and I recently purchased a 4bed, 2bath duplex (2be, 1ba / unit) that has an enclosed, 400 sq. ft. garage.
We are thinking about converting the garage into a 400 sq. ft. ADU to have 3 long-term rental...
Karl Krauskopf
Closing on 1st deal, here is model with pre-closure assumptions
View report*This link comes directly from our calculators, based on information input by the member who posted.Closing on our first investment property in Spokane, WA. This deal feels pretty solid wi...
John Cohen
Code Verification/Violation (??)
Hola BP!!A landlord has a little cottage in the back of his property in Seattle that my niece would like to rent as she attends UW this fall. He is adding smoke alarms but we are concerned the electricity may not be ...
Andrea Williams
First Rental Property - SFR Buy & Hold
Investment Info:
Single-family residence buy & hold investment in Oxford.
Purchase price: $50,000
Cash invested: $800
1500 sq/ft single family residence
2 BR / 2 Bath
$4500 rehab (bank financed) ...