Hi everyone!I'm shopping around for a property manager for my first managed property. I really like everything about this company except the fee structure. I'd like your input:They charge 9.9%. Thier leasing fee is...
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
Hi folks,
I found a great deal but do not have enough cash to execute. I have enough to cover the down payment but the property is going to need some renovations. If I bring in a partner, how does that usually work? ...
We are trying to understand how assessments for property taxes may affect our deal when doing the BRRRR method.
We are buying a house for $50K, putting in $20K for rehab. Our ARV will be around $105K. We plan on r...
I'm looking at houses to flip and I came across one with an outdated fireplace. What would you do with the stone here? Paint it white? Rip it out and replace the drywall?I'm wondering from a cost/benefit standpoint...
If you're weighing between purchasing a primary residence and renting spare bedrooms versus buying the entire property, which is more tax write off advantageous. In either case, the idea is to do the short term renta...
Hello there,I don't think this is a unique question at all but is one I have been pondering. I am looking for ways to buy bigger to gain the economies of scale that will come with it. One idea I have been contemplat...
Hi all, Trying to brainstorm if this is a good or terrible idea. I would love to spend my retirement in Florida. I am debating if I should buy a decently priced home in Florida using a mortgage, rent it out as soon...
I know stupid question, But im wondering say if someone did buy a property (apartment) is it a reality to get rich from it? im just wondering i know an appartment can earn alot on a monthly and yearly basis but do you...
Hi. This is my first post here on BiggerPockets and I hope someone can shed some light on a question of mine.I am going to create a self-directed IRA (SDIRA) LLC (aka a checkbook IRA), and I have spoken with several f...