My wife and I purchased a single family home about 3 years ago and we are currently thinking about either selling the house @ market value or renting it out. I would love to begin using this as an investment property ...
Hi all, I'm close to pulling the trigger on this property in Chicago. I'm going through a turnkey provider. The renovation has already been done and the property will be tenanted with a section 8 tenant. I have a bu...
I just put together this spreadsheet for using comps to estimate the value of a potential property.
Have you ever wasted time trying to play around with adjustment amounts to get your comps to all end up around the s...
I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...
Hello Bigger Pockets brain trust,
I'm looking at a 4 plex... cash flow looks decent, ~$120/door. Cash on cash looks like it would be about 9.5% (Brandon Turner talks about trying to get 12%), and Cap Rate is looking ...
Good morning friends!I have a home where I am replacing the HVAC system and quotes are all over the place! I've received quotes as high as $26k and as low as $12k and it's really hard to gauge which is most accurate. ...
I have found a house that I am considering purchasing as a Buy and Hold. We are still in negotiations and I have a pretty good idea of my costs and what I want to invest in the property to update and rehab it.My ques...
Hey BP, I recently purchased my very first property, which I am now getting ready to list for rent. One question that I keep going back and forth on is, should I include a washer and dryer in the unit? I have heard so...
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...