Michael Dunn
Taxes & Rental Property/Income questions:
TAXES:Before I file my Taxes for 2018, I want to make sure I have all my ducks in a row.So I need to Definitely Write-Off the ........... Taxes, Interest and Insurance on my Rental property?Regarding Depreciation, do ...
John Thoma
New member. 16 unit apartment purchase
Good Morning We purchased a 16 unit apartment complex in a college town for 250k with 15k down. The complex is all bills paid and it currently net profit around 60k - 65k per year. We’ve owned it for 2 years.We’v...
Ryan Landis
Taxes, Useful Life, and Licensing
Hey everyone,So far BiggerPockets has been nothing but amazing for helping me on my ways to a successful real estate career. I have a couple of quick questions for those out there that have been in this for a while th...
Sean Tippens
Fire 🔥 Damaged Rehab ....
Looking into a property that is brick single family home, roof intact with significant fire damage. The property will require a complete gut and reno including hvac and windows. If the property is being sold for just ...
Hezekiah Butler
Beginning analysis turnkey
I have come across several turnkey properties, and in my ongoing efforts to learn and educate myself I am hoping to find some guidance in what would typically be the next step in analysis, based on the information I h...
Mike Crouse
How to determine apartment values
I feel like I can accurately evaluate BRRRR or flip projects. How do you accurately value an apartment complex. I'm looking at a 34 unit in OKC with a cap rate of 8%. asking price is 1.8,000,000. Evenly split betw...
Chase Gibson
Investment Property Purchase - How to handle security deposit?
I am closing on my first investment property soon and was hoping to get some insight regarding the following question. I am fully aware that I will be getting the deposit from the current landlord at closing.If you p...
Account Closed
Rehabbing & 1031 Exchanging Profit
Hello Guys,
I have a question to those who flip 25 plus homes a year. What is the best strategy out of the two I am about to put down below
Strategy one: Flip homes sell them, take profit and keep flipping, paying ...
Brandon Mon
Good Cap Rate on Low End Properties
What is a acceptable Cap Rate on low end rentals. I have seen between 8-10% but these seem low to me.
Thanks for the advice
John Frank
Help With determining ARV
I am a new investor working on the purchase of my fourth property. My first two properties were REO's that I purchased, rehabbed, rented and am looking to refinance. My other two properties are turn-key rentals. I ...