Sin Hang Lai
Buying Vacant Lots / Lands in Opportunity Zones
The subject of opportunity zones has become pretty popular. I was wondering if anyone has thought about or actively try / tried to buy up vacant lands / lots within a zone and maybe flip to developers? Or partner with...
Erin Bryant
Should I take the private money lending for this deal?
Hello,I am fairly new to real estate investing and this would be my first deal using private money lending. Here are the details of the deal:Purchase price: 262,000rehab: 7500ARV: 340,000I have a private lender willi...
Dana Walker
Post Hurricane Real Estate Buys
Have you ever purchased a unit just after a hurricane with water damage? Have the repair costs on water damage been small enough to justify the purchase with profit once the local market recovers? We just bought a uni...
Britt Griscom
Cost Segregation
I have 10 condos, each worth about 35k. I just bought them last year. I know a cost segregation study would be too expensive for such a small amount of property, but is it permissible for me to estimate the value o...
Bob Ebaugh
QBI and Solo 401K Implications
I'm struggling with interpreting the QBI rules and was hoping to get some comments on if there is any correlation to Solo K properties.We actively "manage" residential rentals we personally own and others held in trus...
Wendy Geiger
50% Rule of thumb when Owner Occupies a unit
I want to start by purchasing a 4 plex or lot w/ 4 units. I want to live in one and rent 3 units. I calculated my cashflow differently since I'd be getting rent from 3 units rather then 4. However, I would like to ...
Anne Laurenzi
Wholesaling an old, but livible, rental property
I'm going to meet a seller that has a property that hasn't been updated for a long time but is still livable. It does need a new roof and AC unit and he knows that. My question is, if the property is old and outdated,...
Charles Frankenhoff
How far would you deviate from the 2% rule?
I just happened to be reading some of the threads on here, and it got me to thinking. I don't generally use the 2% rule, but I don't disagree with it either, as a rule of thumb. I've done 2.5% percent, and best de...
Marcus Slaughter
Rental property Question
Hey BiggerPockets family,
So my rental property will be vacant next month and I’m thinking about staying there a couple nights out the week in order to do remodeling work. I figured I’ll do the work myself in order t...
Philip Liu
Paying for upside potential on multifamily
Do you pay for upside potential when purchasing multifamily? Or should you only be paying for the NOI * Cap Rate?