Marie-therese Tai
Is this a good time to sell
So I have a small mixed use property, I have been approached with an offer for purchase by a developer , I would stand to make a pretty good profit,, but it would mean that I would go from owning an office to having ...
John Carr
Joint Ownership, Funding & Tax Implications
Hello all!I have some questions regarding joint ownership with a non-spouse family member. I will try to be as succinct as possible (while also explaining in full the situation), so here goes...My dad is interested in...
Michael S.
Commercial Financing for property needing rehab
I currently own 3 small multifamily homes and am looking to jump into the commercial side. My current units are duplexes and triplexes. I want to sell these and purchase a big multifamily. I found an 18 family bulding...
Michael Kiley
Would you flip this house or rent it?
My friend loaned me 100% of the 15k purchase price for a fixer upper with 5k cash out for repairs.I completed the rehab with 25k from my home equity line.For his security, we put the house in his name. Option 1. Sell:...
Michele G.
Wrapping my head around 1031s
We are planning on selling a SFH rental this year. We have a ton of equity in the property so I am trying to learn about 1031s.
Here’s what I calculated using rounded numbers:
Cost 150
Cap impr 70
Depr 105
Basis 11...
Alex Jeffrey Steady
Hello BiggerPockets World
Hello I'm Alex, The saying goes, "You can't judge a book by its cover." I may not have much of a cover to show, but I do have a story to tell, and I hope you will find it intriguing. My parents started flipping ho...
Nate Wilson
Property Analysis Manchester NH
What does everyone think of this property? it is a 7-unit located in Manchester, NH and is kind of in the ghetto. It is fully occupied; tenant pays the utilities other than two of the units. Two units do need to be re...
Robert Mendenhall
Older area home issues
Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
Carrie Pledger
How well-maintaned should I keep a home?
I have two duplexes. As soon as I bought them I made improvements. I wonder, how many improvements is advised for a rental property? Do I keep it as nice as my house or do I do the minimum possible? (For example...
Bryan Beal
1% Rule - Realistic?
I know we're all read about the 1% when it comes to real estate investing. For those who don't know what it means, it goes like this - A property that costs $100,000 should rent for at least $1,000 per monthA propert...