Hi all, New to this forum but not in the multifamily space, but would love to get you honest opinion. I am in a tertiary market (at least for the 25% I can qualify to play in--NYC is a very tight market and you need m...
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
*New member of BP here*Hi! Currently I have two properties that both generate cash flow and have appreciation upside down the road but I'm seeking to invest elsewhere now. MY QUESTION: Has anyone here or know someone ...
We (myself, wife, and two kids - 2 and 6 months) are making a move in the next couple months from a rural college community in Oklahoma to Oklahoma City. I'll be starting a new job, and my wife stays at home with our ...
Hey BP brain power!I need a little help making a decision.My renter is moving out, so do I sell, or get another tenant?The property is a condo in California.Current value = $560K (equity = $435K)Rent = $2300/mo | HOA ...
I have had a few responses from DM and D4D. In looking at comps (recent sales using iComps, Zillow or Realtor) I truly have a hodge podge of past sales. The site iComps gives me the most past sale to refer to . The pr...
I am looking into 3 duplexes and was trying to think of creative ways to do the deal. I’m curious peoples thoughts on structuring a deal this way:
Assuming that the numbers are good here is how I’m looking at struct...
Hi there,I'd be interested in the collective wisdom of the Bigger Pockets community on anything that might stand in the way of solving a problem for house rich/cash poor homeowners while giving investors a leveraged r...
So I just bought a duplex in south fl with 70 ft of dockage on the water. The tenant has 7 more months on his lease. So I’m renovating the one side and going to rent out the boat slips where I can put 5 boats tied ste...
I friend of mine asked me if she should depreciate her home or not as she is bringing in a renter. Her CPA is going to run numbers for her, but I told her I would ask BP community if you had any good insight or innov...