Dusty Bowling
HELP ON EVALUATING 15 UNIT APARTMENT!!
Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
Chris K.
Investment property renovation tax deductions?
If you buy investment property then immediately renovate before renting out. Can you write off any and all expenses incurred from the renovation?
Chad McIver
First deal, mixed use, 3 lofts, 1 level retail
Property is a foreclosure in a historic city, with plenty of traffic. Asking price is 400,000. 7000 sq. feet.
Building is 3 levels.
First level is retail space that is currently rented at $2000, but lease is up in...
Bo Goebel
Got Started in REI with Short-term Rental Property
Investment Info:Single-family residence buy & hold investment.
Purchase price: $305,000Purchased a SFH in East Nashville. Operate it as a STRP (short-term rental property). What made you interested in invest...
Keith Miller
Keith’s Five Bullet Book Summaries
Quick Summary: Multifamily can offer superior returns over most asset classes, especially when properties can be bought at a discount and steps are taken to increase NOI (Net Operating Income)Main Points: Never buy at...
Chuck Rhodus
ONE NEWER NICER MULTIFAMILY OR 3 older cheaper ones?
I am brand new in this game. A little advice appreciated. I have about $30,000 equity in my home that I will use toward down payments on multi family units. Would it be better to buy one newer, nicer maybe even bigger...
Shaun Ortiz
How Can I Best Support Investors Remotely with Leads on Distressed & Foreclosed Homes
Hi BiggerPockets community,I’m new to real estate investing and currently running a remote operation to help connect investors with distressed homeowners and foreclosed properties across various markets. My goal is to...
Michael Sokolski
Business Brokers
I know that once you decide to venture down the road of REI, you won't become an instant millionaire. It takes time and education. I've read several books and talked to many people about wealth building strategies. ...
Ben G.
Wholesale or Buy and Hold at 52% cash on cash return?
ARV - $40,000
My Maximum Allowable Offer (MAO) - $21,500
Montly Rent $550
Operating Expenses $275
20% down on private financing of MAO purchase price = $4300
Monthly Private Financing Payment 8% interest = $12...
Russ Roslewski
Deducting cost of repairs for new rental house
Help, I am a little confused.
We just moved out of town in November and rented our house out starting at the end of the month. So it will have been rented out for about 5 weeks of the year, with a total rental inco...