Ryan S.
Basis: Value when I purchased vs. when it became a rental?
Hi everyone,For the purposes of a 1031 Exchange, is the basis value:a) the value when I purchased my condo (owner-occupied)b) the value of the property when I moved out and converted it into a rental investment proper...
Christine Mauro
Section 121 capital gains exclusion eligibility if LLC?
I lived in a condo from May 2011 until August 2015. Then I moved and turned it into a rental property. I am planning to switch the condo to an LLC for liability protection -- but now I wonder if that is the best str...
Elijah Vo
Huntington Place Apartments / 288 units
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $17,200,000
Huntington is an C-class asset constructed in 1974 located in OKC, OK. It had little deferred ...
Jarreau Jackson
NW ATL SFR house hack
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $326,100
Cash invested: $24,000
House hack purchase as a primary to rent out in the near future. Located at the NW ...
Celine Crestin
Long Term Rental - Buy & Hold
Investment Info:
Single-family residence buy & hold investment in Buda.
Cash invested: $58,000
Single Family Home purchased new from the builder. Upgrades to the home include extended patio, custom s...
Sean Starkey
HELOC...which one do I choose and why?
One lender told me my rate is fixed at 5.6% and I can take out 180k which is 90%LTV. Another lender told me the max he can do is 80% LTV and we can take out 96k on that HELOC and the rate is variable but can be change...
Crystal Smith
How to Comp a Duplex/Triplex in Small Town America
Hi, my husband and I are looking at purchasing a SFH that has a layout conducive to converting it to a duplex and possibly a triplex. Each unit would have 1 bedroom and 1 bathroom. We are hitting a road block on how t...
Ziad Hamati
How to record changes in property for resell
Hello,I have purchased a rental property that is listed on MLS as 2 BR 2.5BA.It does have an extra office space that i will be converting into a bedroom.I will also be adding a shower to the 1/2 bathroom.
I will be r...
Chad Spanberger
Fix and Flip but turned into a BRRR
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $30,000
Cash invested: $60,000
When we first bought this we thought we would fix and flip it. But, it sat on the ma...
Chad Spanberger
Complete remodel BRRR
Investment Info:
Single-family residence fix & flip investment in Fayetteville.
Purchase price: $110,000
Cash invested: $25,000
We bought this property that a guy started to remodel and decided t...