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Hey everyone! I'm in Huntsville, AL working on an apartment deal with some partners down in Laredo, TX. It's a fantastic property with a ton of potential, and we've negotiated some great terms to buy it seller finance...
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Hi All! - Has Anyone utilized Bonus Depreciation on their rental property? - Did you use a Cost Segregation Study or did you do it yourself? A bit of background: Generally with real estate.. you deduct the loss of an ...
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How to Calculate new Property Basis in 1031 Exchange
Define terms:
Property sold
P1 = Original Purchase price of property exchanged
TDP1 = Total Improved Property = P1 – LV1
LV1 = land value when purchased
TD1 =...
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Hi looking to getting my 1st property. I’m trying to understand how long should my loan term be I have been pre-approved for 30-yr loan but don’t really understand how it will make money. I know to make sure the rent ...
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Hello friends.I did this deal in a tough philly neighborhood with my brothers, thinking the numbers were too good to be true. I found out quickly why they were not, but we held on and got the rehab done, tenant occupi...
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I have decided that in less then two years (around Apirl 2023) I will be moving to Texas and this December I will graduate from college and estimated to make 50-60k a year with a job I have lined up. I currently live...
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A tenant that has been with me for 3+ years (who always paid rent on time) has told me that she has been approved for section 8 assistant. I have never accepted section 8 and don’t know if accepting it with her now ...
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Goooooood morning everybody!
Recently I was on one of the Zoom calls in a mastermind group that I am a part of where a member of the highest tier of the group was presenting his story to a bunch of the members of...
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Hello BiggerPockets Community,I am a beginner investor that is trying to get started. I would greatly appreciate input from anyone. Right now, I need help analyzing a property. The property is located at 2424 San Pedr...
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Hello, real estate enthusiasts and experts!My name is Pearline and I'm a real estate novice located in the small, but cozy Ocean State. I assist a SaaS (Software as a Service) startup with marketing and customer care....