Barry Wallace
Does this deal look good?
Hello Everyone,
So I recently came across a 9 units complex that is completely rented and grosses $4900 per month. The owner is selling all his properties to retire and this is just one of his now. I have listed th...
Heather Schmidtknecht
How do I estimate rehab on this property?
I am looking at a BIG 4-plex that has been neglected for a while but is currently rented.
Here are the numbers:
* 3844 square feet, 2-story, 4-plex buIlt In 1882
* Rents for all 4 units total $2930/month
* Landlord...
Pratap Singh
Remote STR Cost Seg + Bonus depreciation for W2 tax offset
Can remote STR help us to qualify STR tax benefit. STR in Florida and owner lives in VA. Managing remotely from VA after initial 2 weeks of onsite hours in furnishing property (~80 hrs) after closing in june.And 20+ ...
Jorge Diaz
Mortgage pay off strategy.
Hi there, I'm new to the community. If this questions has been answered I'd really appreciate you pointing me to the article as I didn't find a search box where I could search for it, that being said...I recently atte...
Dave Green
Advice on the next move
I realize that I probably need to hire a financial expert to truly assist me with this question, but I’d like to ask the community how they’d look at this situation beforehand because my wife and I are relatively new ...
Matthew Kostelic
Property Tax: Owner-Occupied vs Rental
First post here, and noob in the game of real estate investing. I've been reading and learning on here quite a bit, and decided to take action recently on a rental property in Columbia, SC. I was actually supposed t...
Sammy Patel
Newbie needing help with Bigger Pockets Rental Calculator
Does the rental calculator on Bigger Pockets take into account the equity in the property when calculating ROI? It seems the ROI on the calculator is based on cash flow and cash put in. But if I wanted a ROI including...
Ryan Tyler
Florida First Deal Analysis
My mother owns a duplex in Central Florida, and she wants to give it to me in exchange for paying future property taxes. Caveat is that I can't sell it b/c it is next to my parents house and they dont want it to leave...
Kama Ward
Vaulting ceilings
I've made an offer on a ranch house. If I get it, it will be my first ranch rehab. It could really benefit from vaulting the ceiling. I've vaulted the ceilings in small places before where it was easy and obvious, but...
James Roux
First Purchase 5 units
Hello everyone first time posting here. I know some of the questions I may ask might not be answerable but I'm looking at purchasing my first property. I've been doing alot of reading and looking at the formulas he...