When I buy a brand new property and spend money making it rent ready, I'm not sure what to classify as maintenance vs adding to my cost basis. For example:* Getting new door locks* Getting a new garage door opener* La...
Hello everyone, well I have been wanting to get into real estate investing for a while. I'm looking at this multi-family property and I just want to get people's opinion on this deal. So option 1 is the current rent...
Hello everyone,
For those of you already in the game and receiving monthly Payment(s) from your property(ies) What is the tax percentage on that cash flow?
Thank you!
Hey community. I'm pretty new as an investor with only 3 doors and a newly created LLC in May. My question for the more seasoned investors, what is the easiest way you manage your properties? Right now I use excel ...
View report
*This link comes directly from our calculators, based on information input by the member who posted.
This is for either those accountants out there, or else experienced investors that have solved this. From Note investing accounting. A note I assume would be considered a Loan Receivable. I know the direct cost of ...
Hi everyone, I am new to Bigger Pockets and had a quick question. I was wondering if we use a personal loan to purchase a cheap foreclosure and use that to purchase the property as well as use it for the cost of repai...
Do I need to figure expenses any differently when purchasing SF or MF rentals with down payment money derived from a cash out refi on my personal residence?
hi, Being a newbie I've question about this rule.does it applies to all type of properties say new properties might not need that much money for maintenance. Or say a condo HOA might cover some cost ? could you please...
Hey biggerpockets. Seasoned single family home investor here for about a decade with a decent number of single family rentals. I am considering jumping into small multi family. Have a couple potential deals on the hoo...