Mike Mitchell
need help in my note buying and selling education
Hi note buyers and sellers,
I'm on a quest to educate myself about notes. I'm not looking to buy or sell so save your breath there, I simply want to learn how the process works. I'd like to propose a scenario for so...
Sky Moede
Colorado Dublex, Triplex, and Fourplex
Hi, everyone! I am new to BiggerPockets and new to all of this. I want to get things moving on some properties. Since I am so new at this, I am trying to take in as much information as I can. For my first deal would l...
Account Closed
What is the yearly cost for insuring a rehab property prior to sale/flip?
Hey all.. if you had at least 12 to 15 properties scheduled for remodeling/fixup, I am hearing others say they typically take out some sort of builders and general liability insurance to cover things like vandalism, d...
Jamie Harris
Relationship building through small short term loans?
Hi BPers,Greetings from Cincinnati! My partner and I are contemplating the idea of offering small, short term loan opportunities to investors in our network e.g. family, friends, colleagues to help build trust and a t...
Sam Rose
Apartment building
Hi I'm looking to buy an apartment building 40 units or more.Does anyone have suggestions? Thanks
Sean Price
Lease Option....is this normal or should I walk?
I am currently living in a home with my family. Brief history I have a past bankruptcy and some financial credit challenges that need a little time to over come so we are looking to lease option the house we are i...
Stephen Lyons
Stocks to Real Estate
I have created a substantial amount of capital through the stock market and want to transfer to real estate. I was wondering if anyone knew if there is a way to transfer without paying capital gains tax. Is there an e...
Jeff D.
section 179/writing off apartment turns all at once
Ok i'll try and be concise, and apologies if this has been answered already. Doing 2018 taxes (yeah i know, late). I had a multifamily remodel project happening in 2018. 2 units rented throughout construction, the r...
Andrew Yu
Expensing vs Capitalizing
I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
Aaron Smith
Utilities
Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...