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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...
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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...
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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?
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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...
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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 ...
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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 ...
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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
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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...
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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...
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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...