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I understand that the De Minimis Safe Harbor is for real properties that are less then $2500 each and Safe Harbor for small taxpayers is for improvements that are no more than 2% of the cost basic or $10K whichever is...
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Have my eye on a 16 unit that has been hit with a death of owner and now illness of surviving spouse(at least that is what RE agent claims.) Looking at possibly putting an offer in but from what I can tell( I am rely...
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Hello, I have several out-of-state residential rental properties that are managed by local property management companies. The property mgt companies make decisions on minor maintenance and repairs, but I make decisio...
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Hello everyone! need help locating a post or category(ies) to guide me in putting together numbers for assessing a deal. i.e. Whats a good return $ per $ (out of pocket $ vs income), expenses, etc. THANKS!
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I am looking to buy investment properties in Indianapolis. Can property manager take over as soon as closing, such as getting the key from seller, cleaning the house, cosmetic repair, and rent it out? Is it too much?...
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Hi All, How would you handle the following scenario? Tenants write you stating that the dishwasher "smells badly" and request that you send someone to fix the dishwasher. What do you say? They have already used Affres...
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Hi all! I've been binging on BP podcasts and recently just made my first offer on an income property back in my home state of Michigan. Link to the BP analysis: https://www.biggerpockets.com/calculators/shared/7...Hig...
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I hear it is very expensive to build in Hawaii. I had a nice timeshare there once but the owners sold to new owners who kept raising annual maintenance fees until they were so high it was more affordable to rent a con...
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Hi. I have some coin operated machines in a building of mine. I am looking for referrals for a service company that serves the Denver area. My current place Has great service, but I just seem to be calling them a lot ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $287,000
Cash invested: $17,000
Fourth Investment - 3rd Buy and Hold property. See details below!
Purchase ...