Danny Shore
amortization of closing costs of a residential rental
i did some research and got various conflicting answers. maybe i can get a corroborated answer here (please link the source if possible)
what is the recovery period for the closing costs of a residential rental (1040...
Angel Moreno
How to move forward with negotiation
Hi guys I’m currently negotiating for my first duplex in Chicago area. Duplex is up for sale for 155k. 2 bedrooms 1 bath each with unfinished basement. It was recently rehabbed with new roof, new kitchens, new bathroo...
Justin Goodin
Lumber Prices are Up! 📈 How is this affecting your business?
➡️ On Friday, the price of lumber per thousand board feet jumped to $1,048, according to Random Lengths.
That price jump is unlikely to be the last. On Monday, the May futures contract price per thousand board feet o...
Aaron Sanchez
Need help, might have to sue tenant
Question: Property is in Tempe, Arizona. I have a tenant trying to give me a weeks notice to move out. We have a month to month agreement, plain as day saying a 30 days is required. If I get in the position to sue my ...
Philip Furlong
House Flipping Expenses
I am trying to determine my upcoming expenses for a house flip and want to see what some other people are doing for fixed expenses? I am thinking my best bet is going to make an excel document that lists the primary c...
Tom Murray
First BRRRR - 10+ units Twentynine Palms, CA
Investment Info:Small multi-family (10 units) BRRRR investment in Twentynine Palms, CA.
Purchase price: $450,000 (Mar 2018)
Cash invested: $300,000
Post-rehab value: $850,000 (Nov 2020)
First BRR...
Brian Green
Massive Value Add - 20 Unit Apartment Building - Completed.
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Physically distressed 20 unit apartment complex with 90% occupancy. Business plan is to vacate ...
Justin Przybylski
Ratios
What would be a beginner's guide to the criteria and ratios that I would need to analyze an investment property? My goal would be to have the property produce positive cash flow even if its $1 a month. I just wan...
Tabi Traughber
Should we sell "as is" or add on and upgrade our apartments?
Hi all! My team currently owns fifteen apartment units, ranging from studios to two bedrooms. We are currently only charging $650/month for rent for the studios and a little more for the one and two bedrooms. We are...
Phillip Hunt
First and Second properties.
HI Everyone,
My name is Phil and I am new to BiggerPockets. I have invested in two properties so far on my own. Both were 2 and 2, 1010sqft. Condo's. The first I purchased for 75K then appraised at 8...