Hi everyone,I just opened escrow for a single family home (two story, split level) in San Diego and during inspections yesterday some serious issues with the raised foundation were found, the house is partially on a ...
Hi,I would like to know if it’s worth to get the inspection done for a 6 unit property which would cost about 2500$?Could you please provide your input thanks!
I am attempting to BRRR a property and as I have become more and more educated on the process involved with the remodel I have run into a decision that I had not expected to. In this market people seem to either do ba...
Hey guys and gals. New BP member from Mississippi here. In my area (Rankin/Hinds county) all homes are sitting on Yazoo clay and virtually every "deal" I come across will require foundational repairs in some capacity....
I see many properties advertised these days with unrealistically low expense ratios. Inexperienced investors that are excited to make that first acquisition need to be aware of and understand how to accurately evalua...
This year I sold an older SFH rental (built 1979) I had with no deferred maintenance in Plano TX in order to 1031 exchange it for a similar sized new SFH rental in Melissa TX (built 2021). All cash buy. The older prop...
I recently bought a house without an inspection. It was bank owned and quite a mess—evidently the occupants had to be evicted. 1250 square feet 3-2-2 with half the popcorn removed from the den cathedral ceiling, ...
Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
So here is the question: if you were looking to build a portfolio of 50-100 SFR, you have 2 great W2 incomes, perfect credit, and $50k to start it with, where do you begin? Do you build slowly, and start with 1, tradi...
Hi BP!How do you all budget for a new investment property purchase?I have been saving with the goal of purchasing a duplex within the next year or so. I'd like to house hack. I've realized I'm more likely to make this...