Hi all
I joined bigger pockets recently, just before I went on a weekend course with Marc (Canadian RE guru). I saw videos of his previous "training" classes with companies, where students had to spend a fortu...
I have always been using a 85% building and 15% land value for calculating my depreciation basis. Now my accountant is saying I have to use the tax basis and the county is assessing most properties in my county at 50%...
Hi Everyone,
I recently purchased the 4th unit in a 6plex and now I'm considering buying the remaining 2 units. So far, I paid below market rates because the building was severely under managed. Now, the other 2 owne...
brand new here, first post.. this site looks awesome though..anyway....-Almost ready to buy my first home/ investment. I never hear anything about buying/renting out/selling condos. Are they a horrible investment? Doe...
Hi All,
I'm new to real estate investing and am eager to obtain as much knowledge as possible. Currently, I own one property that I live in and one rental property.
One of the general rules I am familiar with is the...
Hello Everyone,
I have three condo's in Charlotte NC that are rented and performing well. I understand the downside of condo's/HOA fees however, I live in PA so it works for me. With this aggressive market its...
I would like to get members' opinions on this topic. I have read many articles and forum posts about the 50% rule, but always find a large discrepancy between the rule and the actual numbers. I am aware of accountin...
Hey Y’all! I just closed on my first househack deal! It’s a triplex in LA. I’ve got a 600 sqft garage that I may expand to make 2 studio ADUs. My concern is that doing so will result in a breach of my loan with the ba...
whats the main things you look at to analyze a deal in 60 secs?If i'm looking at apartment building listings with 16+ units what should i look at real quick to tell if its worth looking more into or not?
Hi - I am new to rental investments and came across the 2% rule (monthly rental should be 2% of the purchase price). I am looking to buy and hold condos (greater Cincinnati area). In my area, condos prices are general...