Genny Li
Does Stessa have a de minimis safe harbor toggle for capex????
It's doing my cashflow wrong on capex. I don't plan on depreciating a CURTAIN ROD, for heaven's sake. Is there a way to tell it it's going under the de minimis rule????
Ihor Kucheynyk
Buying a lot in wetlands
Hello Everyone
I'm looking to buy a standard lot which is a buildable (as far as county says) has it's own address, is zoned single family.
The wetland on it is isolated and there are many houses around the lot, the...
Adam Rosenbeck
First Post, New to Real Estate, Thoughts on Equity.
Hello all,
My name is Adam and I am new to the real estate gig. I have been doing a lot of research, reading, you-tubing, pod cast listening, and browsing the BP forums. I want to take the plunge into real estate a...
Amy Beth
Settlement cancelled due to Hurricane Ida
I was scheduled to close on a cash out refinance for an investment property in NJ last Thursday. It was cancelled that day and I was told it was due to Hurricane Ida impacting my zip code and they had to be sure my h...
Carey Edmund
A flip in the time of Covid-19
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $336,000
Cash invested: $110,000
Sale price: $510,000
I purchased this property as a flip. It was supposed to b...
Zach Clark
Has anybody ever heard of a 10-2 principal
My grandfather is an old school investor all his rentals are paid for. He always said that 2 months should pay for taxes insurance repairs for the year and 10 months should be profit. Is this a real thing has anybody ...
Scott Bremer
What are my loan options for auction properties?
Hi all! I purchased a property from a tax auction in 2020 for 35k, did most of the renovation myself for 70k, and now have a house worth about 175k, rented for the last 7 months. to a good tenant. I want to do it agai...
Alejandro Obando
Closed on my first house hack…and this happened …
As a standard protocol before closing we had done our walk-through on a three family house hack in northern NJ. The 3rd floor unit was cleared out and vacant. as per contract for me to move in. The day after closing ...
Colin Rimel
University of Montana 5-plex
Investment Info:
Large multi-family (5+ units) buy & hold investment in Missoula.
Purchase price: $812,500
Cash invested: $162,500
Purchased for 362,000
Rehabilitated existing building to 3 unit...
Alex Nelson
DFW Laminant Countertop Installer
Hey DFW investors,I'm currently renovating my first rental and have decided i want to put laminate counter tops in with my new cabinets. I checked out HomeAdvisor recommendations for laminate counter top installers an...