I am new to this site and wanted to thank everyone for the help so far.
I am looking into purchasing a 3 flat or 4 unit home in Chicago. I would live in one unit and lease out the others (will qualify for FHA mortgage...
So a piece of property in terms of capital or ordinary treatment, relies heavily on the items intended use in the taxpayer's hand.It can turn an otherwise capital gain into an ordinary one. It may even disallow previo...
Hey bigger pockets, I’m still in my beginning stages and I feel like I’m getting stuck in analysis paralysis. The biggest obstacle in my mind right now is developing metrics to analyze markets. When ever I look up “an...
Hi all,I just purchased a duplex that is fully occupied and the tenant in the lower unit is a Section 8 tenant. Before closing on the property, the previous landlord showed me the rents and she received $425 from the...
Fellow agents.
Do you buy closing gifts for your buyers/sellers?
How much do you spend on said gifts?
I want to rent out my primary property that I bought. This was a complete remodel that has significant value added. What value is used for depreciation? Is it the ARV value or?
New real estate investor here. I inherited the home I had been living in from my mother which needs some repairs in order to be rental ready- no mortgage on it. I purchased a duplex in May of this year and moved into ...
Is the "gross revenue" $708.10 or $541.26 for this booking?Is it what the guest pays? Or what the host receives?And is cleaning fee part of revenue?What is the industry standard for underwriting?
Hey! Do you think marketing is great for any property management and do you have someone who handle it for you?
Hello BP!As I'm still getting more into things I'm starting to look at properties and ask myself (why hasn't someone already scooped this up?). With that said I wanted to run one such deal by the community for furthe...