Dave McEvoy
Comps vs ARV
I'm confused about how I should calculate ARV. Assuming I'm considering making an offer for wholesale purposes, I ran comps that show approx $165k, but most comparable houses aren't updated and pretty dated. Assuming ...
Evan DiLeonardi
Cost Seg Company
Does anyone have a recommendation on a good cost seg company? I'm in the Chicago area (but I don't think location matters too much).
John Tan
tax consequence of converting rental into a primary
I am placing a house into full time short term rental to try it out. But what are the tax consequences if I discover it is not as profitable as originally hoped and convert it back into my primary residence the follo...
Zeeshan Mallick
3 bedroom or 4+, 5 bedroom for rental property
Around July 2020, I am planning on purchasing my first rental property.
-The rental property will be near Arizona State University (one of the biggest universities in the country)
-I am paying for the rental propert...
Jerell Williams
When to bring in a contractor to see if it's worth buying
I'm new to BP forum even though I've been listening to the podcasts for a few months. I've seen some put the house under contract and then bring in a contractor for estimates and then I've heard others tour the home w...
Kenneth W. Lee
Building a 4 Unit Studio Apartment?
Hello everyone. My wife and I have bought some empty land in our town and going back and forth on what to do with it. The numbers seem to be in favor of building 4 Studio Units. Talking about 500 Sq Ft per unit. Rent ...
Chris Mcdonald
What is a good return for an investor?
My partner is providing 50% of the down payment and signing with me. What is a good return for him?I will be matching his 50% and we will also split the initial cost on the remodel. He will be totally hands off. I wil...
KENDRA J.
sell or hold rental property
Tenant moved out of our 5 bedroom rental house last end of July. Have owned this property 11 years and was our primary residence until 5 years ago when we started renting it out.
Market for selling has picked...
Account Closed
AC Air Handler Motor Went South and DIdn't Come Back - Where of Where To Find One
One of my rental's AC Air Handler Fan Motor finally went kaput after 33 years of faithful spinning. It must have gotten dizzy or something. Well, today was 117 degrees so I decided it might make sense to fix the thi...
Brian Fournier
Question on evaluating apartment building
Hi Everyone, I am beginning the process of switching from small 3-unit apartment buildings to larger 10-20 unit commercial apartment buildings. I am looking for advice on how to evaluate these larger buildings for p...