Account Closed
Over Improving a Rental
Educate me on this please. I’m newish to investing (3 properties over 3 years), and I live in one of my units. It’s going to be a perfect rental someday. It’s a 1/1 and about 650sqft. I can tell that whoever built it,...
Michael Robinson
Short Sale bought with Self-Directed IRA
I bought a short sale in Jan 2013 for all in of $54,000 with Self Directed IRA. My plan at the time was to spend about $15K and rent for approximately $1200. The seller, who entered into short sale, approached me at...
Lesley Resnick
How will President elect Trump effect real estate investing?
No matter your option of the man, he will become our President this month. The real estate investing community will be effected.I would be curious to hear ideas about how RE will look over the next 4-8 years.Interest...
Matthew Wright
Updating multifamily buildings
I understand that value is driven by income when dealing with multifamily (5 units plus), but at what point do upgrades/renovations increase value? For instance if I have an 8unit that has old painted cedar shakes and...
Debbie C.
Renovating your property before a 1031
I have a question about the 1031 exchange that I’m still confused over. Let’s say I bought a property for $200k and rented it out for many years and paid off the mortgage so it’s free and clear. Now I want to sell it ...
Will Spruill
Purchased duplex with LLC, is it a deduction?
Our LLC bought a duplex for $70,000; is this a deductible expense that will be a write off over a period of time? As a two member LLC, would we each write off $35,000 acting as a pass thru entity, or is this a separa...
David S.
What sets your units apart in a homogeneous market?
So I'm looking at a market that's rather homogeneous and at the same time I realize that there will always be ups and downs in the rental market. With that said, what improvements are your head turners that set your r...
Andrew Halbert
Am I over rehabbing my Buy and Hold. HELP
Guy/Gals I really need your help. Wife and I are seriously thinking we might be over-rehabbing the latest project. I am starting to wonder if we should just do the minimum needed to get the house rented out. (roof and...
Emily Cox
Apartment Syndication - "opportunity zone" investments?
Hi there. I am pretty new to Bigger Pockets and to real estate investment (at this point, have mostly invested in condos in Kansas City and Arlington, VA). Our advisors at Keystone CPA have encouraged us to consider...
Aaron Nelson
Trying to secure long-term government lease
Hello, community!I am about to close escrow on a large commercial building here in Northern California. The non-profit owner/occupant was facing foreclosure and so they listed the building at a very aggressive price p...