I bought a place in November 2019 as an owner-occupied property in California and I intend to convert it to a rental after 12 months of living here. However, my mortgage broker just presented to me a great refinancing...
Transitioning from SFR to Multifamily (5+ units) and need advice on due diligenceDo you recommend engineering inspection for a 22-unit apartment purchase? An inspector is checking on key on essential items and a prope...
I’m a new developer and found an ideal site for a mixed-use new construction project on a 7 acre property. We’re looking at a 110,000-140,000 sf 4-5 story complex with 30,000 sf retail and affordable housing. I would ...
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
We are running numbers on a 9 unit near a large university. The owner states it is usually 100% occupied. I put in 5% for vacancy, 5% repairs and 6% cap ex (they just did the roof and parking lot as well as a few wate...
Hi guys,We've invested in townhomes up until now, but currently have an accepted offer on a condo.I just received financial statements for the last 2 years. I don't know exactly what to be looking for, but generally s...
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
I’m a real estate investor looking to turn a pair of warehouses into self storage. Not sure how to evaluate the market, uncover potential pitfalls and how to evaluate this specific property.The parcel is one acre and ...
Hi BP Fam,Does anyone have experience setting up TD Ameritrade's standardized flexible Qualified Retirement Plan and using that for a ROBS (Rollover for Business Startups) strategy? If not the latter, then do you kno...
I have a quad w/ 2 units on LTR (1 Unit needs Reno, once a tenant moves out) and 2 units on STR after conducting a cost-seg and using the STR loophole with material participation against my W2 income would the entire ...