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A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870. The condominium is 2 stories and 6,540 square feet with 8 units and was cons...
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Hi,I'm new to BP and first of all, thank you for reading this post. I am planning to do a renovation to my existing primary residence which will add an additional room to the location + some spaces will get moved arou...
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3/2 1550 sq feet, 2 car garage located in Central FL Built 2001$79K 10% downPITI: $600/monthRent: 1100-1150Inside needs painting and a fridge is all thats needed. This will be my first deal and all comments are much a...
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Hello BP!
I currently have a parcel of land under contract. The land is in a small development with a private road built to County specifications. There are modest CC&Rs that outline the road maintenance among...
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I have a townhouse that' coming up for a lease renewal. I am pretty sure that my tenant wants to renew it. I previously used a HAR standard lease from my agent. I was wanting to get a more comprehensive lease. Where c...
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Investment Info:
Small multi-family (2-4 units) other investment in San Diego.
Purchase price: $450,000
Cash invested: $250,000
Sale price: $731,000
The first of our "Shovel-Ready" ADU Concept. ...
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So I've done a few flips using hard money and I'm running into the issue of them sending out their inspector to verify work, however between the time that I sent the lender the SOW (while in escrow) and the time we ac...
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One day I hope to own or be a co-owner of a real estate investment firm. I have noticed that some investment firms do not have salaried employees, their investment Analysts/Underwriters are 1099. Other firms have all ...
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This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
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Hello BP, I was hoping someone could give me clarification on how using hard money works. I've never flipped a property before but thats what I'm looking to do. I want to get my financing in order first and hard money...