Hi all looking at a 8 plex . I have not yet contracted. Though i expect to contract for $255,000 Details follow.
8 plex renovated in 2006 and 2007: new roof, all apartments new carpet, painted, new windows, new li...
Hello,My name is Paul from Grand Prairie TX.. New to the BP community and REI. I have always wanted to get into REI, but found every excuse not to do it. My wife and I decided to take ACTION and closed our first ...
I own 3 rental properties and am doing a1031 exchange on one. What closing costs can i deduct from this exchange? I want to keep accumulating carry over losses but am having trouble finding information about this.
ev...
Searching for my first rental property and don't want to offer too much. Any suggestions/advice is much appreciated. Thanks! There is an 8-unit brick building built in 1967 in a decent location near the high schoo...
Anyone out there doing a successful house_hack in the San Antonio area? It seem like every deal I look the mortgage is too much for moving in, most of then I have to pay half of the mortgage and I'm looking to pay lit...
I'm looking for some feedback on my calculations, and for some insight from those that are working in the Seattle (or like) market right now.
We have a luxury town home we are currently living in that we would like ...
I need to reduce the price of my property for sale. A reduced list price means I'm paying less in Capital Gains Taxes. How would a "Credit at Closing to help with Buyer's Closing Costs" come into play?Does this also r...
https://www.kbkg.com/news/kbkg-tax-insight-tax-reform-changes-to-qualified-improvement-propertyAnyone who purchase a new building this year not they should do thisAnyone do it in 2018?MORE:Starting in 2018, there is a...
Clear lake (houston) TX. 2b/2b condo 1000sqft
4% cap. 100% equity.
Purchase price plus all fees plus repairs $90k
Appreciation 5%
Market value $85k-$95k
Currently rented to a good tenant who pays on time with...
So when you are doing a rehab, how do you handle categorization of expenses into capital accounts verses expense accounts? Do you even try to keep track of the difference? Any significant renovation to the house cou...