Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...

Hi BiggerPockets community!
I’m Frank, based in Northern NJ, where I invest in multifamily properties and short-term rentals. My real estate journey began in 2010 with a three-family property that I lived in, renovat...

Hi All,
I recently bought an older four family (in December 2018) built in 1897 and inherited all the tenants.  Each unit is 3 bedrooms one bath and three people in each.  One unit recently had one roommate move out ...

Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...

I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another ye...

Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...

STR investors, what are some methods or strategies you have used to increase the number of bookings for your property? What have you found most successful in this process?

Hello everyone!I'm in a bit over my head! About 2 years ago I purchased the ugly 600 square foot house next door to my parents. I hasn't been lived in for 30+ years. The problem I'm having currently is figuring out th...

We have been working on a high end flip -- at least it is considered high for our market.  The approximately ARV is around $500k.  We have intentionally allowed realtors who show up at the house to look at it but have...

Hello! There is a home for sale right across the street from what is currently the city's fleet maintenance, a large warehouse style building, not very attractive. However, the city and developers have been working ov...