Christopher McCarthy
Are we being short-sighted by thinking we should sell our Condo?
I'll try to keep this short, sweet, and to the point. My wife and I live in a small condo in Orange County, CA. We purchased it in 2014 for $320k. The last comp sold for $455 a couple weeks ago. We now have a family t...
Kevin Hoodwin
Social Media for Traction
Good afternoon BP Community,Social media is, in my opinion, an EXTREMELY underused tool in the real estate industry. I can easily see those who adopt it now or already have those systems in place propelling their bus...
Pablo Madrid
de minimis safe harbor expense or bonus depreciation, tax on sale
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
Aaron Smith
Help! Got Told No on a Cash Out Refi - Have 7 Financed Properties
Ok, I am in the process of doing a cash out refinance on another investment property. I currently have 7 properties financed (my primary home, 3 homes with traditional loans, and then a portfolio loan that has 3 prop...
Mark A Powell
ONE LLC OR A DIFFERENT LLC FOR EACH PROPERTY
Greetings BiggerPockets family! I have a general question that I am getting varied answers for. Thus, I decided to query our platform for some well-informed feedback. Quick, down and dirty... We currently own 9 pro...
Tom Maurer
Easiest way to clean a textured ceiling coated form years of smoking with TSP?
One of the apartments I have has a textured ceiling (it was there
when I bought it). The long time tenants who are moving were heaving
smokers. I read in another post advice that said clean with TSP and
then pain...
Matt Ridenour
Trouble converting hard money to conventional mortgage
Hi everyone. Asking for my brother who is in a different part of the country than I am. He purchased an Airbnb and has it up and running. He used hard money to purchase and renovate. It's been less than a year and...
John Matthew Johnston
Crazy estimate for drywall ?
I know this has been asked many times but what do you guys pay for drywall?Estimate for drywall:Kitchen Ceiling 13.7 x 7Dining Room Ceiling 14x10Living Room Ceiling. 14x10Pantry Ceiling 8x10Labor and...
Monica Narvaez
Water main leak/how much would it coast? 💧
Our inspector suggested 20k or more which seems very high based on our google searches.
Any advice is appreciated!
Frank S.
Should I let a TV show renovate my building in Chicago?
Chicago - NorthcenterThe project is a two flat deconverted to single family, the rehab cost can be up to $400K. Per the casting producer, we are on the next phase of screening- whatever that means. Have you gone throu...