There was a fire yesterday evening in one unit with injuries at an 18-unit property I’m under contract to purchase 3 weeks from now. How should I proceed?
My diligence period ends this Saturday, though Seller has al...
Has anyone here gone from owning rentals to buying land and building a subdivision? I know I hear about people leveling up to multifamily, but I'm way more interested in land and land development. I was just looking t...
Hello BiggerPockets! My name is Tom DiMeo and I'm a 23 year old aspiring investor from New Jersey. I'm fresh out of school and working in finance/risk management. I have a solid understanding of investing in a broad s...
Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
Real Estate is certainly a great vehicle to invest because of the various tax benefits associated with it. However, if you invest with pre-tax money, some of those rules may not apply, for example depreciation tax wri...
So recently I received two calls from motivated sellers, I am a newbie investor and I began marketing a few weeks ago and it is actually working. However, I am having a hard time following the rule to at least look at...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
Any DC developers here who have flipped DC rowhouses in NE DC or Petworth DC, who'd be willing to share how much they've spent on a decent flip. Most of the rowhouses in Petworth are in the high $500k range with the A...
Hello! This will be my first post on bigger pockets. I am a new investor and just bought a house with my wife. The house came with a finished basement with potential to be a mother in law. We are spending 15k to finis...
Hello, I've been wanting to get into real estate investing and I think I have found a house that would allow me to start. It is a neighbor of my grandparents. There was a lady and her niece living there, 100+ and 70+ ...