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Results (9219)
Ali Hashemi Tax implication of selling one property from commercial loan
12 November 2018 | 9 replies

I have multiple duplexes under a single commercial portfolio loan. I'm interested in selling one of the properties and leaving the loan intact. If I sell one of the properties is it considered 'taxable gains'? My goal...

Sapir Simply How to get approved for mortgage with 1 income
26 January 2022 | 3 replies

Hey everyone. I am a single young woman in her 20's wanting to buy a house (potentially a place that needs some renovation so I can make some profit on it once I'm done) but currently I have a little over 30K to put d...

Ian Montanio Tree Removal: expensed or capitalized
29 June 2018 | 7 replies

I want to remove a tree that is hanging over a rental property to prevent any future damage.  Can I expense this cost as routine maintenance or is the cost capitalized?

Austin Plough Your Help Needed - Assessing a Colorado Fixer Upper
3 October 2023 | 1 reply

Hello Bigger Pockets Community!
I need your help for tips and tricks to assess a fixer upper.
How do you determine the value of a home when considering the amount of work required?
What criteria must be met to mov...

David Jay Buying a property with a section 8 tenant
12 May 2017 | 4 replies

I am in escrow for a multifamily with one section 8 tenant.  Their lease ends in ten months.  I understand I need to honor existing leases.  My plan is to renovate the property and with the renovations move the rents ...

Pulin Tung Home Repairs/Alternatives: 5 Pros And Cons
2 August 2017 | 0 replies

Many homeowners, at a variety of points - of - time, decide to pursue certain repairs and/ alterations. Some are out of necessity, because of damage, and/ or wear - and - tear, while others, are for cosmetic, and/ or ...

Jacob Stephen Tracking income/ expenses as a landlord / renovator
18 November 2017 | 9 replies

What software do you guys use to track rental income and renovation costs.

The options I can think of are Quicken or Quickbooks.

Any know the pros/cons of these or other software packages?

Thx

Stepan Hedz 5 Myths About Distressed Properties: What Investors Need to Know Before Jumping In
29 January 2025 | 0 replies

Mystery and fear intermingle into the minds of investors when it comes to properties that are distressed. Herein lie possibilities of lucrative ventures; here are myths that even a hardened investor would consider run...

Mark Simon Best Way to Terminate Leases upon Settlement
15 February 2019 | 9 replies

HI Bigger Pockets Forum!We’re super excited that we’re under contract for our first rental property! Woot! It’s a triplex in the Philadelphia area that needs a lot of work. Two of the units are currently occupied b...

Ugo O. Calculating ARV and the 70% rule
12 December 2024 | 7 replies

Hello everyone,
I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV. What has been the most reliable way for you to calculate t...