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Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
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Investment Info:
Single-family residence fix & flip investment in Cincinnati.
Purchase price: $155,000
Single Family Live-in Flip
$155k Purchase + $50k Rehab = $205k Project Cost
$250k Appraisal
...
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I have been writing about my own turnkey investing experience here at BP. As part of the follow-up conversations from a recent thread, several people asked me how I would compare what I have been doing to other activi...
Has anyone needed to fix up a foundation recently? What was the work scope and how much did it cost? Thanks!
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Hello, TLDR: Work-ready SFR for full rehab on owned property, purchased for $125k in August 2023, needing $160k for rehab (total costs $285k, ARV $420k). I am looking for a private lender to finance my rehab on an alr...
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Thinking about buying a small home that has a large 300sq ft bonus room and converting it into studio. I would need to have a kitchenette and small bath/shower added. I would live in studio and rent out main home. The...
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I am doing my basement reno, and I have created some plans...partially. I am only a regular person, so I am missing lots of info involving code, where the best place to put lighting fixtures, how to design/modify plum...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fitchburg.
Purchase price: $55,000
Cash invested: $120,000
Sale price: $245,000
151 Mechanic Street was the second inv...
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I'm trying to figure out if this is a good deal, I ran into a guy that wants to sell 30 acres of land, he had it appraised at 375k, city assessment is $281,431 he wants 150k and is willing to negotiate, this is in a ...
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Hello everyone, I hope all is well. I am in the market to purchase a vacant lot to build a new home as my primary residence. As the market continues to correct it self and prices begin to drop. I am beginning to searc...