Matt John
Rehab costs - add to basis or take loss that year?
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
Christian Wathne
Help finding bank to complete last half of my BRRRR
Hi Everyone, I'm nearly complete with my full rehab of a SFH I purchased for $215,500, put approx $60,000 into for rehab and holding costs, and has an ARV around $330,000. Hard money loan for $200,000, the rest of the...
Lidia Syrwid
I need help/advise with unreasonable neighbor in Chicago
Hello fellow investors, I need help/advise.I just finish a 1 M new construction in Bowmanville/Logan Square neighborhood it is listed on MLS but I don’t have any showings. I think it is because of my next door neighbo...
Chan K.
cash out on investment property
Hello BiggerPockets,I bought a 4-unit investment property a few years back in the Massachusetts market. Since then it has gone up in value a bit. I want to see if anyone has any opinion on what is the best way to cash...
Robert P.
Getting rid of water on outside of house
Question - I have about 3 feet on the side of my house where it's just dirt and junk. I'm currently getting some water intrusion along that same wall in the basement. I've checked gutters and there does not seem to be...
Evan Ordway
New RE Investors Looking to House Hack Salem, MA
Hello Everyone,My fiancé and I are looking to start our real estate investing careers this year by purchasing a small multifamily property to house hack. We are interested in Salem, Massachusetts as the market seems i...
Sam McCormack
Rewarding myself as a Real Estate Agent
This topic is really for anyone to answer, but i am asking this as a real estate agentI have always had an issue being able to buy things for myself. Whether it is a reward for a target I hit, achieving something, wha...
Henry Clark
Self Storage- Appraisal Review
In the process of filing for an SBA loan through our local bank. We
have been using a Construction Loan with Interest only payment during
the construction and as we have started the rent up phase. As part
of th...
Umesh Patidar
New Investor Tenant Nightmare
Hello,
I am from Seattle, Washington and recently decided to rent a part of my house. It's only 10 days since I rented the house and already have issues. Hoping that the BP community can help me figure out my next st...
Wesley W.
Titling your properties in an LLC
Hi folks,
I've asked this question obtusely before, but I'm still not sure how to make this work.
I just finished reading Brandon Turner's blog regarding "I'm not the owner." In Brandon's article he mentions holdi...